Bitcoin
Bitcoin dominance weakens: Are altcoins ready to take over?
Experts debate the true drivers of the altcoin rally, pointing to sentiment and stablecoin liquidity.
- Altcoins are gaining momentum, sparking debates on what drives this new market phase.
- Experts highlight market trends and sentiment as key factors behind altcoin strength.
The market is experiencing a notable surge in altcoins, sparking discussions across the industry about the onset of the long-anticipated altcoin season.
With Bitcoin’s [BTC] dominance showing signs of decline, some market participants believe this shift could be the catalyst for a new phase.
However, experts are divided on the true drivers behind the altcoin rally, with many arguing that broader market trends, rather than just Bitcoin’s reduced dominance, play a significant role.
Additionally, the growing influence of factors like stablecoin
liquidity is reshaping the dynamics of the altcoin cycle, raising important questions about what’s truly fueling this latest market movement.