Crypto Analyst Suggests Altcoins Could Surge More If Bitcoin Dominance Drops to 45%
2025-07-12 05:21:52
Main Idea
Altcoins are showing strong momentum despite Bitcoin's steady dominance, with experts predicting a significant altcoin season if Bitcoin's dominance drops further.
Key Points
1. Bitcoin dominance stands at 64.46%, with a modest 1.53% decline over the past week, while altcoins like MemeCore, Mog Coin, and Stellar have seen significant gains.
2. Ether (ETH) has risen by 17.68% in the past week, and the ETH/BTC ratio increased by 8.39%, indicating growing altcoin interest.
3. The Altcoin Season Index currently favors Bitcoin with a score of 29 out of 100, suggesting altcoin season could begin if Bitcoin dominance declines further.
4. Michael van de Poppe predicts a major altcoin bull run if Bitcoin dominance drops to 45%, aligning with Santiment's data on broader market rallies.
5. Investors are advised to diversify portfolios with promising altcoins and monitor Bitcoin dominance closely for potential market shifts.
Description
Crypto analyst Matthew Hyland highlights a potential surge in altcoins as Bitcoin Dominance edges closer to 45%, signaling a pivotal shift in market dynamics. Despite Bitcoin maintaining strong dominance, altcoins
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