Recently, someone raised a thought-provoking point: the cryptocurrency market is undergoing a significant transformation. It is said that the native capital that was once active in this field is gradually being phased out, leaving behind only a few persistent players.

This change is most prominently reflected in the trading of mainstream encryption currencies such as Bitcoin and Ethereum. Nowadays, there are very few ordinary investors who can participate in the trading of these top digital assets, replaced instead by various institutional investors.

There is a view that in the future, publicly listed companies are likely to consider Bitcoin as an important component of their capital reserves. This trend could have a profound impact on the market, especially when those tech giants with massive market capitalizations begin to take action. Currently, the market capitalization of any of these companies is comparable to that of Bitcoin. If they start to enter the cryptocurrency market on a large scale, the value of Bitcoin could see significant growth.

However, these large companies currently do not seem to show enough interest in encryption. Some analysts believe this may be because the market value of Bitcoin is not large enough in their eyes. However, if the market value of Bitcoin can surpass the total of these tech giants in the future, the situation may change.

The shift in this market landscape presents new challenges and opportunities for ordinary investors. On one hand, the entry of institutional investors may bring more market stability and liquidity; on the other hand, ordinary investors may need to be more cautious and seek new investment strategies to adapt to this changing market environment.

Regardless, the evolution of the cryptocurrency market is worth our continued attention. It not only reflects the increasing maturity of digital assets but also indicates potential new investment opportunities and risks.