Citi analyst: 2025 will usher in the "copycat season"
Citigroup analysts stated in a report on Monday that "given that Ethereum is the only major cryptocurrency (other than Bitcoin) approved as the basis for spot ETFs, it may be a rotation target." Other cryptocurrencies have performed even better, and their share of the overall cryptocurrency market is growing. Citibank also said that respondents to a recent survey believed that altcoins would perform particularly well in 2025.
Analysts said, "The performance of other cryptocurrencies and altcoins is even more significant, indicating that some market participants expect a 'altcoin season' in 2025 after a strong year for Bitcoin." Experts say that the different trends of Bitcoin and other cryptocurrencies are due to differences in the fundamental factors that affect these two markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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