Despite Bitcoin's (BTC) price targeting levels above $70,000, major altcoins such as Ethereum (ETH), BNB, and Solana (SOL) have shown significant growth in recent market movements.
Analysts suggest that a significant rally for altcoins is not imminent and predict it may not occur until 2025 due to Bitcoin's anticipated market dominance, which is expected to reach 60%.
Current market conditions indicate that while altcoins are gaining pace, Bitcoin remains the foremost focus in the cryptocurrency market, influencing the timeline of an altcoin surge.