Bitcoin Reigns Supreme, But Altcoins Hint at a Potential Shift

Newcomers, mainly those entering the market recently, are the only ones able to outperform BTC over the past 60 days, as per Alphractal’s data. Meanwhile, established altcoins remain in a slump, offering limited incentive for traders to shift their capital away from Bitcoin. A visual representation of this dominance trend is provided in the Bitcoin vs. Altcoin Position Index. Orange zones indicate the market’s heavy focus on Bitcoin, while blue zones suggest an increased interest in altcoins. Neutral zones imply that waiting for both sides might be the best approach at present.