๐จCrypto Update๐จ Altcoins are taking a tumble, but don't lose hope! ๐
- Bitcoin's still strong, just 10% off its peak, but altcoins are feeling the heat.
- Ethereum's drop is a big factor, with uncertainty around its ETFs. But, if launched soon, it could be a game changer! ๐
- U.S. economic data and high inflation are also playing a part. Altcoins thrive in times of low interest rates and high liquidity.
- Bitcoin's dominance is high at 55.4%, but this might not last with the upcoming Ethereum ETF listing.
So, what's next for crypto? Join the conversation below! ๐ #DeFi #CryptoNews
Remember, history shows altcoins peak 546 days post-halving. If the cycle repeats, this could be your last chance to buy the dip before altcoins go parabolic. ๐
Stay tuned, stay optimistic, and as always, do your research! #Web3 #DAO #Layer2