The dominance of Bitcoin has fallen for the third consecutive day, causing this metric to drop to levels of 59%.
In addition, in the last 90 days, the profitability of Bitcoin has been surpassed by 21 cryptocurrencies. Among them are Dogecoin (DOGE), Cardano (ADA), and Sui (SUI).
While a drop like the one recorded is not sufficient, investors may remain watchful for the continuity of this metric, given that if it continues to fall, it could lead to a new altcoin season.
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