#AltcoinBreakout

The cryptocurrency market has recently shown strong signs of what is known as an "Altcoin Breakout", which is a moment of price explosion for altcoins after a period of decline or stagnation. This movement typically follows a stabilization or decline in Bitcoin's dominance in the market, opening the door for smaller coins to achieve massive gains.

What drives this breakout?

1. Decrease in Bitcoin dominance: A decline in BTC's dominance from its high levels allows for broader movement in the altcoin market.

2. Improved market sentiment: Positive news regarding the regulation of cryptocurrencies or adoption by large institutions supports demand for digital assets.