Altcoin Season Looms: ETF Approvals Could Trigger Major Rally

The crypto world is buzzing with potential. Recent signals suggest the arrival of an altcoin season, though it’s yet to be officially announced. Currently, CoinMarketCap’s Altcoin Season Index sits at 44 out of a possible 100. To declare the start of a robust altcoin season, we need a score of 75. However, Bitcoin’s market dominance has recently declined by around 6%, leaving it with a 58.5% share. This suggests a shift in power towards other cryptocurrencies and potentially igniting an altcoin surge.