Bitcoin Dominance
Altcoin Season: When Bitcoin's dominance decreases, it's sometimes referred to as an "altcoin season," where altcoins tend to perform better relative to Bitcoin, suggesting a diversification of investment interest across the crypto market. However, with Bitcoin's dominance currently around 58%, there's a balance, but not a significant shift towards altcoins as seen in previous periods.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.