The crypto market has regained momentum, with Bitcoin's price climbing back to the $60k mark. This resurgence has pushed BTC's dominance to 56.6% as of September 15.
Despite Bitcoin's strong performance, the altcoins' market cap is experiencing a bottoming phase, revisiting its lows from May 2023. Historically, such a phase often precedes significant growth for altcoins, setting the stage for the next altseason.
The article speculates on the potential for altcoins to rebound and possibly prosper in the upcoming altseason, leveraging past market trends and cycles.
