Bitcoin Dominance Takes A Fresh Dip: Signs of Altcoin Season?

Adekunle Joshua

Bitcoin dominance is declining, which means that altcoins are gaining more market share.

The BTC/ETH chart is on an uptrend, which is a bullish indicator for altcoins.

The stablecoin market cap is declining, which means that money is being pulled out of stablecoins and could be flowing into altcoins.

Bitcoin’s price has dipped below the $30,000 zone and its dominance is declining.

Ethereum is bullish against Bitcoin, and may be on the verge of a breakout very soon.

Altcoins appear to be strengthening against Bitcoin, and the altcoin season charts are no different.

Altcoin season may be upon us, with XRP and Ripple leading the charge.