The dominance of Bitcoin could block altcoins for a long time
It was expected like rain in the desert. The altseason. That moment when alternative cryptocurrencies soar, carrying with them the dreams of fortune of bold traders. And yet, this summer, only Bitcoin continues to write the story. Is it a sign of a deep change or just a pause in a well-known cycle? For those betting on altcoins, patience is no longer a virtue; it is a test.
In summary
Bitcoin always rebounds at its support band, preventing any advance of altcoins.
Institutional investors prefer Bitcoin, sidelining alternative projects considered too risky.
More than 36 billion dollars have exited altcoins in a year.
Some weak signals suggest a possible restart, but nothing yet confirms the altseason.