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Zohaib Mirza5
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As of May 10, 2025, the cryptocurrency market is showing signs that an altcoin season may be approaching. Bitcoin's dominance has decreased from over 65% to 63.89%, signaling a potential rotation of capital into altcoins. Ethereum (ETH) has surged nearly 13%, and major altcoins like Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have gained over 6% each The CoinMarketCap (CMC) Altcoin Season Index has risen from 23 to 36, indicating a shift toward altcoin momentum . Additionally, the ETH/BTC ratio has bounced from its lowest levels since 2020, suggesting a structural rotation into altcoins after months of Bitcoin outperformance However, it's important to note that the CMC Altcoin Season Index currently stands at 27, reflecting a weakening altcoin trend . Analysts have mixed opinions on whether an altcoin season is imminent, with some suggesting that the market may prioritize strategic altcoin investments over a broad-based surge #AltcoinSeasonComing #AltcoinTrade #TradeOfTheWeek $BTC
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