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CryptoQuant CEO: Bitcoin Dominance Rate Unlikely to Drop Quickly

BlockBeats News, November 28th, CryptoQuant CEO Ki Young Ju stated in a post that considering its growth rate, Bitcoin's market dominance is unlikely to decline rapidly. During Bitcoin's 37% market cap growth, large-cap altcoins rose by 16%, while mid-to-small-cap altcoins rose by 10%. The only time mid-to-small-cap altcoins outpaced Bitcoin in market cap growth was during the April Meme Season.

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