Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting ‘altseason’
Analysts say that a new altcoin season is entering its early stages. Cointelegraph digs into the data.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Analysts say that a new altcoin season is entering its early stages. Cointelegraph digs into the data.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Price Prediction: BTC Reclaims $82K as Oil Retreats and Bulls Return
Bitcoin reclaimed $82,000 today, trading at $82,800, bouncing up by 1.5%. The bounce follows two weekly declines and puts price ba...
XRP Price Prediction: Elliott Wave Setup and Descending Trendline Breakout Offer Hope as XRP Tests $1.30
However, resistance and weakening order-book demand continue to complicate XRP’s near-term outlook. The current price forecast hin...
Bitcoin Futures Open Interest Slips To $7.68 Billion As Traders Keep Funding Positive
TL;DR: A Saturday derivatives snapshot showed Bitcoin open interest at $7.68 billion, down 0.69% in 24 hours. Funding remained pos...
Binance Offers Nearly 8% in XRP for RLUSD But the Base Rate Keeps Falling
Binance is advertising up to 7.77% in XRP rewards for holding Ripple’s RLUSD stablecoin, but its own payout table shows the base r...
Ethereum Price Prediction: JPMorgan Brings Wall Street Closer to ETH
Ethereum is trading at just above $2,400, flat in 24 hours, but its price prediction might get a boost. JPMorgan just extended its...
XRP Price Prediction: Key Support Holds Through Volatility, $2 Next?
XRP is trading near $1.31, up 1.4% over 24 hours, but that bounce has not yet reversed the lower-high structure. The immediate tes...