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The sight of Bitcoin standing firm at $28,000 has not triggered a frenzy of altcoins like in the past. The exchange rate of Ethereum against Bitcoin continues to decline, and whales are gradually increasing their Bitcoin positions. This raises an important question, and the rest of the cryptocurrency narrative will largely focus around Bitcoin. It is foreseeable that Bitcoin’s market capitalization share will further increase, but this also raises a deeper question: Can Bitcoin really undertake the decentralization mission in the cryptocurrency field?
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