Bitcoin dominance surges; altcoins like Ethereum lag, possibly predicting an "altcoin season."

Bitcoin dominance has surged, indicating altcoins like Ethereum have lagged. A decline in dominance could spark an "altcoin season." Recent Federal Reserve rate cuts may boost riskier assets, benefiting Ethereum, which thrived post-rate cuts in 2019. Despite its utility, Ethereum's price hasn't reflected its influence. Cathie Wood of Ark Invest predicts Bitcoin could hit $1.5 million by 2030, driven by institutional adoption and its appeal as a digital gold alternative.