Strategy’s Bitcoin dominance slips in October as corporate treasuries expand
NegativeCryptocurrency

In October 2023, Bitcoin's market dominance slipped, primarily due to the expansion of corporate treasuries and rising competition in the cryptocurrency space. Michael Saylor's company, known for being a top Bitcoin holder, has seen its accumulation slow down, which has contributed to this decline. The shift in Bitcoin's dominance is significant as it highlights the changing dynamics of cryptocurrency investments, with more corporations entering the market and diversifying their treasury strategies. This trend could reshape the future of Bitcoin and its role in corporate finance.
— via World Pulse Now AI Editorial System







