[QCP Capital: Funds are accelerating into mainstream alts, with ETH and SOL leading the rise] According to TheBlock, QCP Capital pointed out that with the slowdown in inflation and the boost from the US-Saudi trade agreement, funds are rotating from Bitcoin into mainstream alts, driving a market rebound. ETH, SOL, and XRP have risen 58%, 35%, and 23% respectively this month, significantly outpacing BTC’s 22%. Analysts say ETH’s fundamentals are robust, which may become the focus of capital allocation in the next phase.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
QCP Capital: Capital is accelerating into mainstream alts, with ETH and SOL leading the rise.
[QCP Capital: Funds are accelerating into mainstream alts, with ETH and SOL leading the rise] According to TheBlock, QCP Capital pointed out that with the slowdown in inflation and the boost from the US-Saudi trade agreement, funds are rotating from Bitcoin into mainstream alts, driving a market rebound. ETH, SOL, and XRP have risen 58%, 35%, and 23% respectively this month, significantly outpacing BTC’s 22%. Analysts say ETH’s fundamentals are robust, which may become the focus of capital allocation in the next phase.