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"If Bitcoin failed, it would pull everything else down and could be the end of the market."

To elaborate on this, yes, it would if it were to fail within the next five to seven years.

However, I believe we will reach a certain point whereby Ethereum, BNB Chain, XRP Ledger, and possibly Cardano could reach a point whereby they are no longer reliant on Bitcoin not just to survive but thrive.

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Crypto with Lorenzo
Crypto with Lorenzo

Written by Crypto with Lorenzo

Aussie crypto enthusiast. Nothing here is financial advice + DYOR. I will never contact you first, and beware of unsolicited communication. On X & Bluesky.

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