Analyst: Capital rotation accelerates, altcoins are replacing Bitcoin as the market focus

ChainCatcher news, according to The Block, QCP Capital stated that tariff negotiations and cooling inflation have driven a rebound in market risk appetite, and the rise in digital assets is expected to continue. Coinbase is set to be included in the S&P 500 index, which may serve as a short-term catalyst. Since early April, the market capitalization of altcoins has increased by nearly $100 billion, and the trend of capital inflow is still ongoing.

BRN analyst Valentin Fournier pointed out that Bitcoin's dominance has dropped from 65% to 62%, with ETH, SOL, and XRP rising by 58%, 35%, and 23% respectively this month, significantly outperforming BTC. The rotation of altcoins has become the current market focus.