Despite growing expectations of an imminent altcoin season, industry insiders are pointing to capital flowing back into Bitcoin and corporate cryptocurrency treasury firms, raising doubts about the traditional crypto market cycle.
Corporate digital assets treasuries (DATs) have syphoned around $800 billion worth of retail investor capital from the altcoin market, according to crypto market intelligence company 10x Research.
“Liquidity, momentum, and conviction have all migrated elsewhere,…
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