Cryptocurrency analytics firm Alphractal is concerned about the current state of the altcoin market. They note that Bitcoin's dominance is rising despite its price decline, indicating a shift of funds from altcoins to BTC or stablecoins. Alphractal's analysis shows that during Bitcoin bull runs, altcoins often lose their recent gains. December is traditionally a month of market indecision and volatility, with significant price movements. Alphractal advises diversifying across BTC, altcoins, and stablecoins to mitigate risk and capitalize on opportunities. Traders and investors should remain cautious and vigilant during this period of market uncertainty.
Weekly Analysis Of The Cryptocurrency Market: Altcoins Surpass Previous Highs As Bulls Buy Every Dip