Bitcoin

AltCoin

Bitcoin&#39;s dominance, which recently peaked at 57.70%, has begun to decline, sparking speculation of an impending altcoin season.As Bitcoin&#39;s price fell below $60,000, the market cap of the top 125 altcoins (TOTAL2) has risen to $890.18 billion, indicating a potential shift in market dynamics. Analysts suggest that if Bitcoin remains stable between $53,500 and $60,800, altcoins may see a bullish trend.However, if Bitcoin sees renewed institutional interest, the altcoin season might be delayed. The current momentum in the altcoin market could signal a significant uptrend if it continues.

Altcoin Season Gains Traction as Bitcoin Dominance Declines

DroomDroom

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