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🚨 Bitcoin is at an All-Time High. So Why Aren’t Altcoins Pumping?
Bitcoin is making new highs, but the altcoin market is still flat. Here are the main reasons behind it:
1. Bitcoin dominance is rising
More money is flowing into Bitcoin compared to the rest of the market. When dominance increases, it usually means altcoins are being ignored. BTC is the first stop for most investors.
2. Oversupply of altcoins
There are thousands of altcoins, many with overlapping use cases and little differentiation. Capital gets spread thin, making it harder for any single project to gain strong momentum.
3. Ethereum isn’t leading yet
The ETH/BTC ratio is still weak. Historically, a strong Ethereum run often signals the start of a broader altcoin rally. Until ETH outperforms BTC, most altcoins tend to lag.
4. Altseason usually comes after Bitcoin cools down
Altcoins often move after Bitcoin finishes its major run or enters a consolidation phase. Right now, the focus is still on Bitcoin. The rotation to alts usually follows with a delay.
Bitcoin is making new highs, but the altcoin market is still flat. Here are the main reasons behind it:
1. Bitcoin dominance is rising
More money is flowing into Bitcoin compared to the rest of the market. When dominance increases, it usually means altcoins are being ignored. BTC is the first stop for most investors.
2. Oversupply of altcoins
There are thousands of altcoins, many with overlapping use cases and little differentiation. Capital gets spread thin, making it harder for any single project to gain strong momentum.
3. Ethereum isn’t leading yet
The ETH/BTC ratio is still weak. Historically, a strong Ethereum run often signals the start of a broader altcoin rally. Until ETH outperforms BTC, most altcoins tend to lag.
4. Altseason usually comes after Bitcoin cools down
Altcoins often move after Bitcoin finishes its major run or enters a consolidation phase. Right now, the focus is still on Bitcoin. The rotation to alts usually follows with a delay.
#BinanceAlpha$1.7MReward
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