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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
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Analyst Rekt Capital said that the market capitalization of Bitcoin needs to account for more than 70% in order to start a new round of 'altcoin season'.
BlockBeats news, on February 6th, according to encryption analyst Rekt Capital's view, BTC Dominance needs to break through 70% in order to usher in a new altcoin season. Currently, BTC Dominance has risen to 64.3%, then fell to 61%, but the overall trend is still rising. The analysis points out that the altcoin season at the end of 2024 has ended, and BTC has started to rise since dropping below 55% in December last year, currently pumping 6%. Historical data shows that 71% is a key point for BTC Dominance, and if BTC.D encounters resistance at this level, the market may usher in a new altcoin market.