Bitcoin’s Recovery Sparks Altcoin Surge: Is This a New Market Phase?

Recent signs of recovery in the cryptocurrency market, notably with Bitcoin surpassing its 50-day moving average, have fueled an upward trend for many altcoins. The positive momentum is supported by indicators like MACD and averages, suggesting renewed market strength. Analysts believe this could be a turning point, especially if the Federal Reserve signals monetary policy relaxation and trade tensions ease between the US and China. XRP and Dogecoin are also seeing significant gains. )