💥 Altcoin Alert! Ethereum Roars Past $3,600 as Bitcoin's Grip Loosens! 💥
Hold onto your hats, crypto fans! The market is buzzing with a major shift as Bitcoin dominance has plummeted to a three-month low of 60.8%. Meanwhile, Ethereum is on a tear, breaking the $3,600 barrier and hinting at a possible "altcoin season"!
What's fueling this electrifying change? Massive inflows into Ethereum's spot ETFs, with BlackRock's ETHA leading the charge, saw a record-breaking $726.74 MILLION flood in on July 16, 2025! 🔥 Add to that Peter Thiel's vote of confidence in ETH over Bitcoin, and you've got a recipe for serious bullish momentum. Some analysts are even daring to whisper the $10,000 ETH target! 🚀
Historically, when Bitcoin dominance dips below 60%, the altcoins come out to play, and Ethereum's current surge, with its dominance hitting an 8-month high of 11.2% and a 40%+ price jump in the last month, strongly suggests this pattern is repeating.
While Bitcoin has had a stellar 2025, hitting over $122,000, the spotlight is now shifting, indicating a maturing crypto landscape where diversification is key.