2024

Bitcoin

Coin

<ul class="wp-block-list news-points">
 <li>Bitcoin’s dominance hits 60%, raising analysts’ speculation of an incoming altcoin season.</li>
 <li>Historical trends hint at potential altcoin surges after Bitcoin peaks and enters price discovery.</li>
 <li>Analysts see Bitcoin’s 60% dominance as a resistance level, hinting at a possible altcoin rally.</li>
</ul>
Bitcoin’s dominance over the crypto market is now 60%, a level that has caught the attention of analysts who believe this might be the start of a new “alt season.” As Bitcoin takes a larger share of the crypto market, questions around its impact on altcoins and the likelihood of an upcoming altcoin bull run are gaining momentum.&nbsp;
As noted in a podcast by Lizard Lab, 60% of the crypto market capital is now flowing into Bitcoin. Altcoins are seeing limited traction despite recent institutional interest in the sector.&nbsp;
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 Bitcoin dominance is staggering—60% of the entire crypto market. [Remember that number] But what does that mean for altcoins? Listen to why the next big shift might be just around the corner. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/T2V4CTypU2" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/T2V4CTypU2</a>— Lizard Labs (Ethlizards) <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f98e.png" alt="🦎" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@LizLabsio) <a href="https://twitter.com/LizLabsio/status/1856464562817773832?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 12, 2024</a>
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This interest has driven Bitcoin’s market dominance to new highs, le…
The post <a href="https://coinedition.com/bitcoin-dominance-at-60-sparks-altseason-predictions/" rel="noopener noreferrer nofollow">Bitcoin Dominance at 60% Sparks Altseason Predictions</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin Dominance at 60% Sparks Altseason Predictions

Coin Edition

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