Analysts Comment on Recent Rise: Is Money Flowing From Altcoins to Bitcoin?

Vijay Ayyar and Yuya Hasegawa, one of the important actors of the crypto money industry, commented on the recent rise and said that there is a transition towards Bitcoin.

International Vice President of cryptocurrency exchange Luno, CNBC reported on Feb. 16. Vijay Ayyar and Bitcoin Bank analyst by Yuya Hasegawa gave his comments on the sector.

Ayyar, bitcoin and the cryptocurrency market bottom in november While pointing out that there are important signs in the market that hasegawa, soon regulatory risks. a team including factors therefore from altcoins to bitcoin One fund flow said he had seen it.

Bad Days Are Gone

Ayyar, last November, the Bitcoin and crypto money market. bottom towards doing strong signs claimed to have. the market recently accelerated One rise noting that the your bad news by investors overheard that the bad days are behind sign stated that.

on the other hand US Federal Reserve (FED) Talking about the impact of monetary policies on crypto money markets, Ayyar ecosystem said that interest rate hikes to relax and inflation to slow down great depression against it positive to not expressed in the way.

Regulatory Pressures Push Investors to Bitcoin

hasagewa, due to regulatory pressures from altcoins And from stablecoins towards bitcoin fund transfer he said he saw. Stating that the last rally was a surprise, the analyst said that Bitcoin came to the fore and therefore Bitcoin’s market dominance increased. It is estimated that altcoins may experience a serious decline in a possible decline due to the increase in Bitcoin dominance.

Analyst, Chairman of the US Securities and Exchange Commission (SEC) by Gary Gensler Bitcoin in the past commodity Bitcoin of investors trustworthy One port stated that it caused him to accept it as Yuya, ultimately Bitcoin’s market of domination said it has increased.

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