The crypto market has faced a challenging period, with altcoins experiencing significant drops in value. Specifically, since early March 2024, the market value for altcoins declined sharply from approximately $1.27 trillion to around $898 billion.
Despite this downturn, renowned analyst Moustache suggests that the worst might be over, hinting at a potential recovery for altcoins.
The breaking of the 5-year USDT dominance streak could be a bullish signal for the broader altcoin market.
