Dogecoin creator Billy Markus, also known by his online moniker "Shibetoshi Nakamoto," recently provided insights into the relationship between Bitcoin's price movements and the subsequent behavior of alternative cryptocurrencies, or altcoins. In response to inquiries regarding the current dominance of Bitcoin in the crypto bull market and whether it signifies an imminent surge in altcoin prices, Markus shared his perspective.

狗狗幣的創造者比利馬庫斯（Billy Markus）（也以他的線上綽號「Shibetoshi Nakamoto」而聞名）最近提供了有關比特幣價格走勢與替代加密貨幣或山寨幣後續行為之間關係的見解。在回答有關比特幣目前在加密貨幣牛市中的主導地位以及這是否意味著山寨幣價格即將飆升的詢問時，馬庫斯分享了他的觀點。

According to Markus, who played a pivotal role in the creation of Dogecoin, Bitcoin traditionally sets the pace for market trends, with altcoins following suit. He suggested that throughout his experience, Bitcoin has consistently led the way, often paving the path for significant fluctuations in the prices of alternative cryptocurrencies.

在狗狗幣的創建過程中發揮了關鍵作用的馬庫斯表示，比特幣傳統上引領市場趨勢，山寨幣也緊跟著。他表示，在他的整個經歷中，比特幣一直處於領先地位，常常為替代加密貨幣價格的大幅波動鋪平道路。

my experience is bitcoin always leads and then altcoins go nuts

我的經驗是比特幣總是領先，然後山寨幣就會發瘋

— Shibetoshi Nakamoto (@BillyM2k) March 2, 2024

— Shibetoshi Nakamoto (@BillyM2k) 2024 年 3 月 2 日

The correlation between Bitcoin's performance and that of altcoins is a subject of ongoing interest and debate among cryptocurrency enthusiasts and investors. Markus' perspective, rooted in his first hand involvement in the creation of Dogecoin, offers valuable insights into how market dynamics may unfold in the coming weeks and months.

比特幣表現與山寨幣表現之間的相關性是加密貨幣愛好者和投資者持續關注和爭論的話題。馬庫斯的觀點植根於他對狗狗幣創建的第一手參與，為未來幾週和幾個月市場動態如何發展提供了寶貴的見解。

State of altcoins market

山寨幣市場狀況

Markus' insights come at a time when Bitcoin's dominance in the cryptocurrency market remains pronounced. According to BTC.D data, Bitcoin currently commands a dominant share of 53.71% in market dominance, boasting a staggering capitalization exceeding $1.2 trillion.

馬庫斯的見解是在比特幣在加密貨幣市場中仍佔據明顯主導地位的時候提出的。根據BTC.D的數據，比特幣目前佔據了53.71%的市場主導地位，市值超過1.2兆美元。

Meanwhile, Ethereum (ETH), considered the primary altcoin, maintains a capitalization of 18.12%, leaving approximately 28.17% of the market share distributed among other digital assets.

同時，被認為是主要山寨幣的以太坊 (ETH) 的資本化保持在 18.12%，剩下約 28.17% 的市場份額分佈在其他數位資產中。

TradingView 不包括 BTC 和 ETH 的加密貨幣總市值

Whether Bitcoin's current dominance will pave the way for a significant altcoin rally remains to be seen, but Markus' insights offer valuable food for thought for those navigating the volatile crypto markets.

比特幣目前的主導地位是否會為山寨幣的大幅上漲鋪平道路還有待觀察，但馬庫斯的見解為那些在動盪的加密貨幣市場中航行的人提供了寶貴的思考資源。