#AltcoinBreakout
The altcoin market is currently experiencing a breakout phase, with many analysts predicting a significant surge in prices. Here are some key points to consider ¹:
- *Altcoin Season Index*: The index has reached 35, its highest level since February, indicating growing optimism in the altcoin market.
- *Market Cap*: The altcoin market cap has reached $933 billion, with a potential target of $1.08 trillion.
- *Bitcoin Dominance*: Bitcoin dominance has dropped to 64%, signaling growing capital rotation into altcoins.