Bitcoin dominance hits 61%, but THIS will decide when is altcoin season!

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Bitcoin’s dominance stood at 60.9%, close to the top of its consolidation range at 61.5%. A break above that level would keep altcoins sidelined, while a rejection near 61% would give them some breathing room and a drop below 58% could shift the advantage toward Ethereum and the rest of the market. Over 90 days, Bitcoin gained 16.6%, and only 31 cryptocurrencies recorded a stronger performance. Coinglass’s Altcoin Season Index stood at 42, well below the threshold of 75 generally associated with an altcoin season.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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