Bitfinex's analysts foresee a potential shift in cryptocurrency market dynamics. They emphasize that with Bitcoin's decreasing dominance and the resilience shown by altcoins, altcoins might outperform Bitcoin in the upcoming months. This prediction is particularly strong if there is an improvement in macroeconomic conditions.
The analysts discuss the growth in altcoin market capitalization, the declining dominance of Bitcoin, and speculative exhaustion in altcoins as significant indicators of this trend. If these factors persist, the market could see a prominent altcoin outperformance, especially in a bullish Q4.
