Bitcoin's dominance in the cryptocurrency market has started to decline, while the market capitalization of altcoins has surged. However, there are signs of a slowdown in market activity as traders wait for a trigger to ignite a rally in the final quarter of the year. The momentum indicators for altcoins suggest a weakening in bullish trends, indicating a potential shift in market sentiment. The altcoin season, where altcoins outperform Bitcoin over a 3-month period, has not yet arrived according to data from Blockchain Center.



Other News from Today