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TechFlow reports, on February 8, Ki Young Ju, founder and CEO of CryptoQuant, posted that currently only a few altcoins maintain high correlation with Bitcoin, indicating a "selective" altcoin market.
Among them, infrastructure tokens such as ETH have shown weak performance, while tokens related to institutional adoption, stablecoins, and memes have been more active.
CryptoQuant founder and CEO Ki Young Ju stated that currently only a few altcoins maintain high correlation with Bitcoin. Among them, infrastructure tokens like ETH are underperforming, while tokens related to institutional adoption, stablecoins, and memes are more active.
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