Altcoin Season Looms: Bitcoin’s Market Dominance Dips, Driving Interest in Other Cryptocurrencies

Recent shifts in the cryptocurrency market are signaling a potential turning point – investors are once again focusing on altcoins as Bitcoin dominance continues to decline. Notably, Bitcoin’s dominance ratio (BTC.D) recently fell below a key support level, sparking discussions about an “altcoin season.” Experts believe that this shift in capital flow could lead to significant rallies in major cryptocurrencies outside of Bitcoin.