#AltcoinSeasonLoading - *The dominance of Bitcoin has fallen from 65.36% to 63.69%, indicating a possible shift towards the dominance of altcoins.
Macro investor Raoul Pal believes this could be the beginning of the "Banana Zone", a phase of parabolic growth in altcoins.
- *Performance of altcoins*: Altcoins such as Ethereum, XRP, Solana, Dogecoin, and Cardano have experienced significant gains, with Ethereum rising 20% in the last 24 hours.
This has fueled optimism about an altcoin season.
- *Altcoin Season Index*:
The index currently stands at 41, below the threshold of 75 that officially indicates.