Altcoins on the Rise, BTC Dominance Holds
According to analyst Matthew Hyland, the altcoin market is "taking off" even without a significant drop in Bitcoin dominance, which still hovers around 64.46%. This indicates that capital flow is already reaching altcoins without BTC losing strength.
📈 If dominance falls from 65% to 45%, as Hyland projects, we could see a much more intense altseason.
Altcoins like MemeCore (+1263%), Mog Coin (+75%), and Stellar (+67%) are leading the gains.
ETH/BTC also rose +8.39%, indicating a shift in focus to altcoins.
💬 Michael van de Poppe stated:
"We are about to see the biggest and final easy bull run of the altcoins."
📌 As long as BTC holds above $110K, traders tend to rotate profits into alts.
Santiment confirms: the altseason has already begun.
