According to Matrixport, Bitcoin's market dominance has continued to rise, reaching 58%, indicating that the counterfeit products boom has not yet arrived. Although there are more than 20,000 cryptocurrencies on the market, the market attention is still highly concentrated on Bitcoin. Bitcoin's dominance shows that the inflow of ETF funds has not played a significant role in driving counterfeit products, while suggesting that retail investors are still not entering the market on a large scale. The doubling of bitcoin trading volume from 10 billion to $20 billion in 2023 to $20 billion to $40 billion further highlights the growing influence of Bitcoin. From a risk-adjusted perspective, Bitcoin remains one of the most attractive transactions in the current crypto market.