Historic decoupling of Bitcoin and S&P 500 sparks altseason optimism

BTC decoupled from the S&P 500, rallying sharply while the index declined. After dropping from 124,000 USD to 108,000 USD, BTC is now seeking to break the 110,000 USD resistance zone, reflecting strong market momentum.

A 3.43% drop in BTC.D enabled ETH to capture a larger share with a 2.17% gain. Analysts suggest that if inflows continue, BTC could overcome resistance, yet a rebound in BTC dominance may eventually pressure altcoins.

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