Altcoin Revival Looms as Bitcoin’s Dominance Rises

Bitcoin’s dominance is currently at 64%, prompting questions about the potential resurgence of altcoins. According to data from Alphractal, their market share hovers around 28.4% – a level that has historically served as a catalyst for altcoin uptrends. Notably, when Ethereum is excluded, the market share drops to 18.92%, just above the crucial 18% threshold known to impact Bitcoin’s dominance and potentially pave the way for altcoins to capture investor interest.