Analyst Benjamin Cowen: Bitcoin’s Outperformance Over Altcoins Will Persist Until This Trigger Hits
Analyst Benjamin Cowen believes Bitcoin will continue to outperform altcoins until the U.S. Federal Reserve eases its monetary policy.
In a recent update, Cowen points to a likely continued decline in the total market cap of altcoins relative to Bitcoin (Total3), mirroring patterns seen last year. He expects Bitcoin dominance to rise as long as quantitative tightening remains in place. While uncertain about the exact timing, Cowen suggests the Fed could potentially end tightening as early as this summer. At the time of writing, Bitcoin trades at $84,270.
Clever Robot News Desk 19th April 2025
