#altcoins $PEPE $NOT Why Altcoins Are Crashing: Top Reasons and Potential Rebound

Altcoin Bloodbath

Bitcoin's price drop to $65,100 triggered a selloff in altcoins.

Major altcoins have plummeted over 40% in the past two weeks.

Uncertainty in the Market

Delay in listing Spot Ethereum ETFs is causing confusion and dampening sentiment.

Hawkish stance by the Fed and a strong dollar are putting pressure on the crypto market.

Hope for a Rebound

Analyst Michaël van de Poppe predicts a market reversal in the next 1-2 weeks.

A decrease in Bitcoin dominance could signal a new altcoin rally.

Key Levels to Watch

Ethereum's support levels against Bitcoin will be crucial for a potential turnaround.

Stay Informed

Market movements depend on various factors, so keep an eye on updates.