Bitcoin Dominates as Altcoins Surge and Major Cryptos Eye New Highs

1 min read
Source: Cointelegraph
Bitcoin Dominates as Altcoins Surge and Major Cryptos Eye New Highs
Photo: Cointelegraph
TL;DR Summary

A crypto analyst suggests that altcoins may have more room to grow as they surge without significantly impacting Bitcoin's market share, with Bitcoin dominance remaining steady around 64.5%. Despite Bitcoin reaching new highs, altcoins like MemeCore and Stellar have experienced substantial gains, indicating a potential shift towards an altcoin season, although overall market sentiment still favors Bitcoin according to the Altcoin Season Index. Experts believe this could be the final easy phase of a major altcoin bull run, supported by metrics from Santiment and trader insights.

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