Fidelity: "Cryptocurrency Market Stabilizes... BTC to Serve as Central Axis"

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Fidelity Digital Assets, a subsidiary of global asset management firm Fidelity, released a report assessing that Bitcoin is playing a pivotal role and leading the stabilization of the cryptocurrency market. According to CoinDesk, Fidelity Digital Assets explained, "Although the cryptocurrency market has recently entered a correction phase, improvements in key indicators such as unrealized gains, momentum, and network usage have been observed. This is a sign that the market is stabilizing," adding, "Bitcoin continues to play a central role in the overall market recovery. Bitcoin dominance (market capitalization share), which showed a downward trend throughout the second half of last year, is also expected to gradually turn upward."

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