Is Altcoin Season Near? Signs of a Crypto Shift Emerging
Altcoin season may be near, driven by liquidity shifts and anticipated pro-crypto policies under the Trump administration. BTC dominance must drop below 58% to signal a potential altcoin season, as per QCP Capital’s analysis. Bitcoin (BTC) and Ethereum (ETH) traded in a rather narrow range during the previous weekend, but Solana (SOL) outperformed, gaining over [...]
- Altcoin season may be near, driven by liquidity shifts and anticipated pro-crypto policies under the Trump administration.
- BTC dominance must drop below 58% to signal a potential altcoin season, as per QCP Capital’s analysis.
Bitcoin (BTC) and Ethereum (ETH) traded in a rather narrow range during the previous weekend, but Solana (SOL) outperformed, gaining over 17% from Friday’s low. A report by QCP Capital suggests that this outperformance could indicate the start of a more general market change.
As investors move profits into smaller-cap cryptocurrencies, altcoin rallies historically usually follow periods of consolidation in BTC and ETH.
BTC Dominance and Pro-Crypto Policies: Altseason on the Horizon?
Currently hovering around 60%, BTC dominance suggests that a decline below 58% would be the turning point for an altcoin season. This fits more general patterns whereby big assets and liquidity from Bitcoin typically cause notable price swings in other coins.
As CNF reports, recent forecasts by a crypto specialist indicate rises in altcoins such as Ethereum, Solana, and other smaller-cap assets ranging from 50% to 200%.
The expected pro-crypto policies under a Trump government could serve as a trigger for this change. Together with planned rate cuts, these laws could make the environment ideal for altcoins to shine.
Until BTC achieves the much-anticipated $100,000 mark—an objective that no longer appears far-fetched—investors may still be wary about totally switching into altcoins. Joining firms like MicroStrategy in supporting institutional adoption, Japan’s Metaplanet revealed earlier today its intention to buy additional BTC using money obtained from bond sales.
Strong institutional interest helps BTC to exhibit resilience despite net ETF outflows seen last Thursday and Friday. The political and financial environment, according to QCP Capital, increasingly fits the possibility of BTC reaching six-figure prices, therefore inspiring hope in the crypto market.
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