Bitcoin’s Dominance Dips, Signaling Potential for an Altcoin Surge

Bitcoin’s market dominance has recently broken a crucial trend line, signaling a shift in crypto dynamics and potential for an altcoin season. Data points to increased capital flow from Bitcoin to DeFi, gaming, meme coins, and AI tokens as investors explore alternative assets. This shift is reflected in the rising total cryptocurrency market capitalization, which now surpasses $2.4 trillion, while BTC dominance dips below a significant ascending channel that has historically signified a strong altcoin period.