A slight counterpoint that a lot of crypto investors will point out is that BTC's marketcap is artificially inflated by Tether. Tether has been printing a lot o

A slight counterpoint that a lot of crypto investors will point out is that BTC's marketcap is artificially inflated by Tether. Tether has been printing a lot of coins (highly likely without backing) which has gone directly to buying BTC, pushing it higher than other coins trading against fiat. Marketcap is generally a pretty poor metric to use, as it can be gamed in various ways.