Altcoins Surge as Bitcoin’s Dominance Crumbles, Signaling Potential Altcoin Season

Bitcoin’s dominance over the cryptocurrency market has slipped below key support, opening the door for a potential altcoin season. The $45.51 billion surge in altcoin market cap within a week reflects increased investor interest in alternative cryptocurrencies. Ethereum price is surging, with the ETH/BTC ratio increasing by 120% from previous lows, nearing crucial resistance levels. This trend signals a significant shift away from Bitcoin and towards altcoins.