đ Altcoin Season Incoming? Bitcoin Dominance Dips, Traders Take Notice
The crypto market is showing early signs of a potential shift. Over the past week, Bitcoin Dominance (BTCD)âwhich measures Bitcoinâs share of the total crypto market capâhas dropped by nearly 2%. This move is often viewed as a signal that capital may begin rotating from Bitcoin into altcoins.
đ A Shift in Market Sentiment?
A declining BTCD suggests that investors are starting to diversify their holdings. This could indicate the beginning of a new phase where altcoins gain momentum and attention.
đ Altcoins Gaining Strength
Top tokens like Ethereum (ETH), Ripple (XRP), Solana (SOL), and Dogecoin (DOGE) are starting to follow the pattern of Bitcoinâs April breakout. This synchronized growth hints that altcoins may be ready to take the lead in the market.
đŻ What Should Traders Do?
With a potential altcoin rally on the horizon, traders are watching closely. The key questions now are which tokens are poised to benefit mostâand how to position early $XRP