Ethereum, XRP and Solana lead crypto market rally: Is altcoin season here?
- The cryptocurrency market maintained a bullish outlook over the past week, led by major altcoins Ethereum, XRP, and Solana.
- Bitcoin dominance has declined by 6.9% from its current cycle high of 66%, signaling capital rotation toward altcoins.
- The GENIUS Act could accelerate growth in altcoin blockchains that host stablecoins.
The cryptocurrency market is showing early signs of an altcoin season, following a sustained uptrend in top altcoins, including Ethereum (ETH), XRP, and Solana (SOL), over the past week, while Bitcoin (BTC) remained range-bound.
Altcoins get set for altseason as Bitcoin momentum drops
The crypto market maintained its bullish outlook over the past week, led by gains of over 20% across major altcoins,…