Bitcoin has achieved a 60% dominance over the cryptocurrency market. This significant milestone has sparked discussions among analysts who suggest that this could be the precursor to the next 'alt season'.
Historically, when Bitcoin comprises such a substantial portion of the market, it often precedes a period where altcoins rally strongly, known as an altcoin bull run.
Market watchers are now focused on predicting the impacts on altcoins and assessing whether an altcoin surge is imminent.
