Bitcoin Dominance Near 71%: Is This a Signal for Altcoin Gains?

Analysts predict that Bitcoin’s dominance is nearing its peak, potentially leading to an increase in opportunities for altcoins. According to Rekt Capital, Bitcoin’s dominance is currently trending towards 71% and could decline as low as 64%. This drop may signal a market correction, creating more space for altcoins to gain traction, encouraging investors to diversify their holdings.