The focus in the cryptocurrency market is shifting. While Bitcoin $98,832 maintains a significant market dominance, the increase in trading volume of altcoins is noteworthy. The growing interest in stablecoins and the influx of investors into altcoins indicate a change in market dynamics. Experts highlight strong signals suggesting the onset of an altcoin season.
Record Trading Volume in Altcoins
Despite Bitcoin’s market share hovering around 60%, altcoin trading volumes have recently surpassed Bitcoin’s by 2.7 times. This surge indicates a shift in investor interest. Traditionally, Bitcoin’s market dominance has been a key determinant, but metrics like trading volume are becoming increasingly important in understanding the altcoin …
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