The majority of Bitcoin holders also own one or more altcoins. According to the data, investors hold Bitcoin (BTC) -87%, Ethereum (ETH) -46%, Dogecoin (DOGE) -44%, Litecoin (LTC)- 26%, Cardano (ADA) -15%, Tether (USDT) - 9%. Cryptocurrency doesn't operate on a zero-sum basis as stated by Lark Davis, crypto investor &amp; influencer. 

https://twitter.com/TheCryptoLark/status/1468756982374940672

Altcoins oftentimes surge immediately after bitcoin reaches its <a href="https://www.cryptoknowmics.com/news/bitcoin-surpasses-68000-mark-hitting-all-time-high/">all-time high</a>. Many crypto investors keep an eye on bitcoin's price activity to further anticipate the expected price movements of altcoins. Investors believe altcoins will correct at the same time as bitcoin, but more sharply and swiftly.

Bitcoin holders have a big cryptocurrency portfolio and even invest in presales for altcoins. Especially, they only invest in those backed by solid projects. Investors’ top recommendation is Ethereum, which has the most network impact compared to other platforms, followed by Dogecoin.

About 87% of Bitcoin Owners Also Hold Altcoins: Lark Davis

Crypto influencer Lark Davis reveals in a data report that the majority of BTC holders also own one or more altcoins. Altcoins surge immediately after bitcoin reaches its all-time high in November.

Trishla is a crypto writer and social media aficionado. She has substantial experience in covering updates, events, and news related to the crypto space, along with rapidly expanding blockchain and financial technology markets. Her experience in the cryptocurrency market has led her to become a crypto hodler herself.

About 87% of Bitcoin Owners Also Hold Altcoins: Lark Davis

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