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Are Altcoins surpassing Bitcoin?
Altcoins are gaining momentum, but they have not completely surpassed Bitcoin, according to today's CMC Altcoin Season index reading of 53/100 (Bitcoin season).
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BTC Dominance 60.04% (−1 pt 24h) and CMC Altcoin Season index 53/100 (Bitcoin season): the momentum of altcoins is increasing, but Bitcoin remains dominant.
The Ethereum ecosystem is up 22% weekly: ETH (+25.6%), LINK (+26.8%), SHIB (+15.4%) are leading the altcoin rotation.
Institutional movements propel Litecoin (+47%) and Conflux (+55%) – MEI Pharma's $100 million bet on LTC treasury bonds and news of the CFX acquisition drive the rallies.