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.

狗狗币的创造者比利·马库斯（Billy Markus）（也以他的在线绰号“Shibetoshi Nakamoto”而闻名）最近提供了有关比特币价格走势与替代加密货币或山寨币后续行为之间关系的见解。在回答有关比特币目前在加密货币牛市中的主导地位以及这是否意味着山寨币价格即将飙升的询问时，马库斯分享了他的观点。

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.

在狗狗币的创建过程中发挥了关键作用的马库斯表示，比特币传统上引领着市场趋势，山寨币也紧随其后。他表示，在他的整个经历中，比特币一直处于领先地位，常常为替代加密货币价格的大幅波动铺平道路。

my experience is bitcoin always leads and then altcoins go nuts

我的经验是比特币总是领先，然后山寨币就会发疯

— 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.

比特币表现与山寨币表现之间的相关性是加密货币爱好者和投资者持续关注和争论的话题。马库斯的观点植根于他对狗狗币创建的第一手参与，为未来几周和几个月市场动态如何发展提供了宝贵的见解。

State of altcoins market

山寨币市场状况

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.

马库斯的见解是在比特币在加密货币市场中仍占据明显主导地位的时候提出的。根据BTC.D的数据，比特币目前占据了53.71%的市场主导地位，市值超过1.2万亿美元。

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.

与此同时，被认为是主要山寨币的以太坊 (ETH) 的资本化保持在 18.12%，剩下约 28.17% 的市场份额分布在其他数字资产中。

TradingView 不包括 BTC 和 ETH 的加密货币总市值

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.

比特币目前的主导地位是否会为山寨币的大幅上涨铺平道路还有待观察，但马库斯的见解为那些在动荡的加密货币市场中航行的人提供了宝贵的思考资源。