Altcoin Season Delayed as Bitcoin Dominance Holds at 61.7% 📈
Bitcoin's dominance in the cryptocurrency market remains strong with a current hold of 61.7%, significantly stalling the expected rise in altcoin performance. The Altcoin Season Index, reading just 28, is notably below the 75 threshold needed to indicate a true altcoin season.
This data reveals Bitcoin's ongoing supremacy and its outperformance against most altcoins, despite some recovery across the broader crypto market. Traders and investors keenly await signs of a shift in this balance.
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