Is Altcoin Season Officially Here? Bitcoin Dominance Hits 3-Year Low
The post Is Altcoin Season Officially Here? Bitcoin Dominance Hits 3-Year Low appeared first on Coinpedia Fintech News
Bitcoin dominance has recently dipped below a crucial level, indicating a shift in market dynamics. This decline shows that the funds are flowing into altcoins, potentially signaling the onset of an “altcoin season.”
Is This The Start of a New Cycle?According to Coinmarketcap, Bitcoin dominance has dropped to around 56.6%, while Ethereum has climbed to 13.9% and other altcoins now make up 29.5% of the market. This clear rotation of funds away from Bitcoin into altcoins has caught the attention of traders and analysts alike.
#Altcoins Takeover 