Bitcoin dominance may have peaked, indicating a shift in investor focus towards altcoins.
Bitcoin dominance may have peaked, says analyst Michaël van de Poppe, as altcoins "start to wake up" following a drop in Bitcoin market share. This suggests investors are shifting focus to altcoins, which can indicate a potential upswing in the altcoin market. A decline in Bitcoin dominance signals that traders may be moving from the more stable Bitcoin to the more volatile altcoins.
May 02, 2024
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