Now the altcoins are not doing well. The prices have dropped a lot. Some have dropped by almost one-third, and some have dropped by almost half. However, there are some new changes in Bitcoin, which give altcoins some hope.
Do you know? Bitcoin has a rule that it will be "halved" about every four years, just like a growth node. After each halving, altcoins seem to become lively and their prices soar. So now everyone is watching Bitcoin, wondering if altcoins will also become popular after it is halved this time.
Let's talk about how money flows in cryptocurrencies. At the beginning, everyone went to buy Bitcoin and raised its price high. Then, some people made money and started to buy those cheap and potential altcoins, so that the prices of altcoins also rose.
It was the same in the past. When Bitcoin rose to the top, its limelight began to be snatched by altcoins. For example, Ethereum and Solana set new highs not long after Bitcoin set new highs.
Now, although Bitcoin is still the boss, it doesn't seem to be so popular. Some altcoins have begun to rise quietly, and everyone is wondering whether the good days of altcoins are coming.
In short, altcoins and Bitcoin are changing in the market now, so we have to keep our eyes open, maybe altcoins will become popular one day!