BITCOIN ON FEBRUARY 10 – BTC IS INSTALLED ON ITS THRONE (+ 10%)
Data from The Block site shows that Bitcoin is the king of cryptocurrencies . It shows an increase of 100% in the space of 12 months and significantly outperforms Ethereum and DeFi altcoins (UNI, AAVE, MKR, CRV, etc.). Indeed, ETH is up 50% , and the DeFi sector shows a slight increase over twelve months (+ 5%) . Capital flows primarily to BTC, then to large-cap altcoins like Ethereum or Solana. Generally speaking, capital tends to flow towards large-cap assets first, and then towards lower-cap altcoins.