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Bitcoin’s market dominance has hit a six-month low, while altcoins have surged 50% since July, signaling a potential altseason in September. Coinbase analysts suggest the crypto market may soon shift focus from Bitcoin to altcoins. This trend could mark a significant turning point for cryptocurrency investors.
- Bitcoin's market dominance has fallen to a six-month low, indicating reduced investor focus on the leading cryptocurrency.
- Altcoins have collectively gained 50% in market cap since July, outperforming Bitcoin in recent weeks.
- Coinbase analysts predict a potential full-scale altcoin season by September, driven by shifting market conditions.
📎 Related coverage from: cointelegraph.com