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2025 will be the year of altcoins and not Bitcoin, says analyst
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Despite the strong presence of Bitcoin, the dominance of the world’s largest cryptocurrency could fall significantly next year, opening space for altcoins, highlighted analyst Benjamin Cowen.
Cowen, creator of the Into The Cryptoverse channel, shared his market predictions highlighting the potential of altcoins. While he remains bullish on Bitcoin, he believes its market dominance will diminish after the 2024 halving.
According to Cowen, this is because, historically, the year following the Bitcoin halving usually brings greater appreciation for altcoins.
Furthermore, Cowen highlights that the United States Federal Reserve is expected to change its monetary policy in 2025, moving from quantitative tightening (QT) to quantitative easing (QE).
Altcoins ready to shine
This transition generally boosts the prices of alternative assets, including altcoins. At the same time, it limits the growth of Bitcoin’s dominance. “The last cycle showed that the change from QT to QE marked the peak of Bitcoin dominance,” explained Cowen.
The diversification of the cryptocurrency market has become evident in recent years, and altcoins such as Ethereum, Solana and Cardano have established themselves as solid alternatives.
Projects focused on decentralized finance (DeFi) and non-fungible tokens (NFTs) are also attracting the attention of investors, especially those seeking returns superior to Bitcoin.
The increase in institutional adoption of altcoins and technological innovation in alternative blockchains should strengthen this scenario. Protocols like Starknet and Chainlink, for example, are expanding their applications in different sectors, including DeFi and data integration on the blockchain.
Over the past few years, Cowen has built a reputation for his reasoned analysis and willingness to admit mistakes. He emphasizes that, even during a bull cycle, investors need to keep their feet on the ground and avoid pitfalls, such as promises of high returns without risk.
“Many people were attracted to cryptocurrency yields in the last cycle, but ended up hurt by the collapse of several platforms,” warned Cowen.
2025 will be the year of altcoins and not Bitcoin, says analyst
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2025 will be the year of altcoins and not Bitcoin, says analyst
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2025 will be the year of altcoins and not Bitcoin, says analyst
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2025 will be the year of altcoins and not Bitcoin, says analyst
