$BTC

馃毃 Market Update: BTC Dominance Drops as Alts Rally! 馃殌

Bitcoin recently broke above 97,000 and saw a pullback, now trading in the 96,000s. Meanwhile, BTC dominance is finally showing signs of a decline. What does this mean? Altcoins are starting to gain momentum, with several showing signs of a breakout as capital flows into the broader crypto market.

Historically, a drop in BTC dominance signals potential altcoin season. Keep a close eye on your favorite alts, as this could be a prime time for their performance. The market correction in Bitcoin might give altcoins the opportunity to shine.

Could we be witnessing the start of the next major altcoin cycle? Stay alert and trade wisely! 馃搱