tldr; Crypto analyst Matthew Hyland notes that altcoins are surging despite Bitcoin dominance remaining steady at 64.46%. This suggests fresh capital may be entering the market. Altcoins like MemeCore, Mog Coin, and Stellar have seen significant gains, with Ether (ETH) also up 17.68% in the past week. Analysts traditionally view a drop in Bitcoin dominance as a signal for altcoin season, but the current trend indicates broader market interest. Santiment and other experts suggest an altcoin season may be underway if Bitcoin maintains key support levels.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Alt coins are not rocketing lol
tldr; Crypto analyst Matthew Hyland notes that altcoins are surging despite Bitcoin dominance remaining steady at 64.46%. This suggests fresh capital may be entering the market. Altcoins like MemeCore, Mog Coin, and Stellar have seen significant gains, with Ether (ETH) also up 17.68% in the past week. Analysts traditionally view a drop in Bitcoin dominance as a signal for altcoin season, but the current trend indicates broader market interest. Santiment and other experts suggest an altcoin season may be underway if Bitcoin maintains key support levels.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.