In Q3 2024, Bitcoin has gained traction while large-cap altcoins such as Ethereum, Dogecoin, Solana, Toncoin, and XRP experienced a market downturn. Data from Kaiko shows that Bitcoin has solidified its dominance as altcoins display increased volatility. Ethereum has declined since the introduction of spot ETFs in July. Earlier in the year, altcoins saw significant growth, but by the third quarter, Bitcoin started rebounding while altcoins trended downwards. This suggests Bitcoin's stability compared to altcoins' volatility. Investors need to recognize the risks of altcoin investments, while Bitcoin may be more appealing for stability. Bitcoin's price currently hovers around $62,000, while Ethereum is around $2,400.



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