{"id":10815,"date":"2022-05-15T10:38:34","date_gmt":"2022-05-15T10:38:34","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/the-meaningful-shift-from-bitcoin-maximalism-to-bitcoin-realism\/"},"modified":"2022-05-15T10:38:36","modified_gmt":"2022-05-15T10:38:36","slug":"the-meaningful-shift-from-bitcoin-maximalism-to-bitcoin-realism","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/the-meaningful-shift-from-bitcoin-maximalism-to-bitcoin-realism\/","title":{"rendered":"The meaningful shift from Bitcoin maximalism to Bitcoin realism"},"content":{"rendered":"
There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or promising hype, but Bitcoin was their settlement coin of choice.<\/p>\n
Things have changed. Stablecoins now constitute a critical $150 billion pillar in the cryptocurrency market. Perpetual futures over-amplify market sentiment and, more often than not, dominate price action. Much more capital, including from institutional funds, has come into the market lately with only a moderate impact on Bitcoin\u2019s price. So, some former bulls now dismiss Bitcoin as boring.<\/p>\n