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NYDIG analysts note a gradual increase in the dominance of Bit | Smart Bitcoin

NYDIG analysts note a gradual increase in the dominance of Bitcoin in the total capitalization of all cryptocurrencies. This trend has been especially noticeable since the second half of 2022.

Apparently, some investors perceive BTC as a safer bet in the current environment. This has also become relevant given the rhetoric from SEC officials that many cryptocurrencies may be recognized as securities.

This is tentatively not the case with Bitcoin.