Bitcoin Stumbles as Altcoin Bull Run Kicks Off
Main Idea
The cryptocurrency market is experiencing a shift with Bitcoin stabilizing while altcoins like SOL Coin and BNB Coin show significant gains, indicating a potential altcoin bull run.
Key Points
1. Bitcoin's value has stabilized around $117,700 amid market movements, while altcoins like SOL Coin and BNB Coin are seeing increased activity.
2. The ETHBTC pair shows a promising resurgence, with SOL Coin heading back to $200 and BNB Coin nearing $800.
3. Crypto traders are shifting focus to altcoins as Bitcoin shows signs of macro fatigue, with RSI/MACD dips and low volumes.
4. Bitcoin's market dominance could drop more than 10%, potentially leading to significant gains for altcoins like DOGE and XRP.
5. The total cryptocurrency market cap is approaching $4 trillion, with room for further growth despite Bitcoin's challenges.
Description
Bitcoin price steadies at $117,700 after DOJ complaint against Fed Chairman. Market sees altcoin activity surge, with SOL and BNB reaching new highs. Continue Reading: Bitcoin Stumbles as Altcoin Bull Run Kicks Off The post Bitcoin Stumbles as Altcoin Bull Run Kicks Off appeared first on COINTURK NEWS .
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