PANews reported on October 24th that, according to Bloomberg, for years, the total market capitalizations of Bitcoin and altcoins have mostly moved in tandem. However, this time around, Bitcoin's growing popularity among institutional investors, coupled with a shift in speculative funds toward cryptocurrency-related stocks, has created a nearly trillion-dollar gap between the two. A 10x Research report claims that it's retail investors who are missing out. Its CEO, Markus Thielen, stated that if retail investors, particularly those in South Korea, hadn't shifted their focus to related stocks, the total altcoin market capitalization would have been approximately $800 billion higher, and that altcoins haven't attracted sufficient new capital during this cycle. Historically, South Korean cryptocurrency traders have favored altcoins, with local exchanges accounting for over 80% of trading volume, while global platforms are dominated by Bitcoin and Ethereum. From November 5th to 28th, 2024, South Korean crypto exchanges averaged approximately $9.4 billion in daily trading volume, far exceeding the Kospi's $7 billion, but trading volume has since shrunk significantly. 10x Research notes that the weakening interest among South Korean traders, leading to poor altcoin performance, may foreshadow further declines in their market capitalization. Recently, due to the tension in international trade, the crypto market has plummeted, and altcoins have been hit harder. 10x Research said at the time that of the $380 billion in market value evaporated, about $131 billion was concentrated in altcoins. For altcoins, investors turned their attention to Bitcoin and cryptocurrency-related stocks, representing a "structural shift." This market value gap seems unlikely to be filled in the short term.