Bitcoin's price has demonstrated strong upwards momentum, maintaining dominance in the crypto markets. As it consolidates near the $100,000 mark, having recently touched $96,327.38, questions arise regarding the start of an altseason.
Several altcoins, including Stellar Lumens (XLM), Algorand (ALGO), and VeChain (VET), have begun to rally, gaining attention among investors. Despite Bitcoin's significant growth of approximately 40.41% recently, the capital inflow for altcoins has not increased at the same pace, leading to discussions about potential changes in the market dynamics.
The current market scenario shows Bitcoin stabilizing its lofty position, while altcoins strive to catch up, suggesting that investors are eagerly evaluating opportunities beyond mainstream cryptocurrencies like Bitcoin.
Sumber: www.thecoinrepublic.com ↗
