Altcoin Open Interest Soars as Bitcoin Investors Shift Capital

The cryptocurrency market is witnessing a significant shift in investment patterns, with open interest in alternative cryptocurrencies (altcoins) surging while Bitcoin’s dominance continues to decline. Ethereum and Solana are leading the charge, experiencing notable price increases of 21% and 27.5%, respectively. This trend comes as Bitcoin suffers losses, dropping by 2.91%. This capital rotation is driven by traders seeking potentially higher returns outside of Bitcoin.