Bitcoin’s recent rise to an all-time high of 123,000 USD is overshadowed by a decline in its dominance from 65% to 59%. Altcoins, particularly Ethereum and Ripple, are showing significant market performance, indicating a shift in investment strategies.
The cryptocurrency market recently faced a pullback, with Bitcoin’s market cap falling from 2.46 trillion USD to 2.41 trillion USD. Meanwhile, the altcoin season index surged, highlighting a growing interest in alternative cryptocurrencies amidst Bitcoin’s ongoing price discovery.
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