Altcoin Season on Hold? Bitcoin Dominance Stifles Market Movement
The anticipation for an Altcoin season has dissipated as Bitcoin’s dominance maintains a grip over the market. Increasing geopolitical concerns have limited the enthusiasm for altcoins, leading to sideways movement across many cryptocurrencies. Negative headlines have heightened caution among market participants, creating uncertainty. This environment suggests traders should proceed carefully, as altcoins may struggle until broader market conditions improve. Understanding the factors keeping the altcoin rally at bay will be crucial for investors looking for opportunities in the crypto space.