According to analysts, the cryptocurrency market may be on the verge of a new altcoin season. Over the past 24 hours, Bitcoin's dominance in the market has fallen by 2%, while the prices of many altcoins have risen.
Ethereum has started to rise against Bitcoin, which is often a signal that tokens are about to outperform it. If Bitcoin's dominance falls more than it did in 2021 to 40%, the market could see even greater growth in altcoins.