Posted 12/22/2023, 2:57:05 AM
Altcoins Rally as Bitcoin Dominance Slips, But Sustained 'Altseason' Remains Elusive
- Bitcoin's dominance declined to 53% as altcoins brought in over $48 billion in the last 48 hours
- Altcoins like Solana, Optimism saw double-digit price increases up to 31% in a day
- Millions of dollars worth of altcoins have moved out of exchange wallets, signaling potential price rises
- Crypto Fear and Greed index shows rising market greed and bullishness currently
- Bitcoin failed to breach the 54% dominance level as altseasons remain far off still