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.
