{"id":"tp-12245","type":"article-newspaper","title":"98% of Altcoins Hit Market Peak, Bitcoin in Transition: Mechanism Capital's Andrew Kang","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/12245","datePublished":"2024-07-08T03:00:53.000Z","dateModified":"2024-07-08T03:00:53.000Z","language":"en","abstract":"Andrew Kang, the founder of Mechanism Capital, said practically all alternative cryptocurrencies have reached the peak of their respective market cycles. As an alternative, he stated that Bitcoin (BTC) is currently in…","section":"Business","references":[{"title":"X","url":"https://twitter.com/Rewkang/status/1809943914184651070?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1809943914184651070%7Ctwgr%5E4627713a8497992609a047b2378296c1e49b75cc%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcoingape.com%2F98-of-altcoins-topped-market-cycle-bitcoin-in-transition-andrew-kang%2F"},{"title":"Coingape","url":"https://coingape.com/98-of-altcoins-topped-market-cycle-bitcoin-in-transition-andrew-kang/"},{"title":"Microsoft Bing","url":"https://www.bing.com/images/create/9825-of-altcoins-hit-market-peak2c-bitcoin-in-transi/1-668b10fab44e42599681bb260de953c4?id=B4VrKHw8XB1ArdmLtWnoNw%3d%3d&view=detailv2&idpp=genimg&thId=OIG4.HrVGGavna3ySVVJxO9Vy&FORM=GCRIDP&mode=overlay"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}