In the world of cryptocurrencies, Bitcoin not only leads but also orchestrates. With a market capitalization of 2 trillion dollars and a 40% dominance of the cryptocurrency market, every move it makes reverberates in the world of altcoins. Most altcoins move in tandem, with a correlation of up to 0.9. Therefore, when Bitcoin falters, the rest of the market usually follows its lead.
That’s why all eyes are on BTC this June. A confirmed breakout could trigger what traders call the "altcoin season," and some cryptocurrencies are perfectly positioned to ride the wave. Cardano shows bullish technical signals, Litecoin shows signs of a modest comeback.