#CryptoCharts101 Alternative currencies are ready to take off 🚀! The charts indicate a potential massive rise for alternative currencies, similar to the altcoin season of 2021. Here’s what’s happening ¹:
- *Total market capitalization of cryptocurrencies (excluding the top 10)*: Forms a huge upward base, indicating a potential breakout.
- Bitcoin dominance (BTC.D): Has peaked and is ready for trading, indicating a shift in liquidity towards alternative currencies.
- *Market condition*: Set for a strong launch, with liquidity shifting towards alternative currencies.
*Current market trends:*
- The global market capitalization of cryptocurrencies is $3.42 trillion, with a change of 1.8% over the past 24 hours.