Four years ago, #Bitcoin dominance stood at 65% in June 2020.
This dropped to under 38% by the peak of the 2021 bull cycle when we entered the #altcoin season. The second half of 2024 will bring fresh impetus to crypto markets thanks to drivers like the post-halving supply shock, the first expected Fed rate cuts since 2021, and a contentious US presidential election that has already seen both Trump and, to a lesser extent, Biden, begin to voice support for the crypto industry. Could the reset in altcoin prices be a great buying opportunity or a sign of how the rest of the cycle would play out?