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Has the Expected Altcoin Season Arrived? Is the Cryptocurrency Market Entering a New Phase?

Bitcoin's increase by more than 11 percent to $65,758 is seen as a positive sign of recovery in the market.

Germany completes Bitcoin sales and Mt. Gox's Bitcoin distribution was well received in the market, supporting Bitcoin's stability.

Moreover, Ethereum outperforming Bitcoin by 20 percent is seen as a sign that altcoins are strengthening and the beginning of a potential altcoin season.

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