Key Takeaways
Is capital rotating from Bitcoin to altcoins after the crash?
Bitcoin dominance has slipped to around 60%, so we could be in the beginning stages.
Can Ethereum lead the next altcoin rally?
Bitmine’s $480 million ETH accumulation shows early confidence that could trigger broader altcoin momentum.
After one of the sharpest liquidations of the year, traders appear to be rotating back into altcoins.
Bitcoin’s [BTC] market dominance dropped to 60% in just two days, so capital may be flowing toward higher-risk assets. Ethereum [ETH] led the rebound, with Bitmine’s big purchase earlier this week.
Despite muted numbers, can altcoins rise?
Altcoin markets steady after wipeout
The crypto market witnessed its biggest liquidation event in history recently – over $19 billion in leveraged positions vanished within a single day, wiping out more than 1.6 million traders.
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Author: Samyukhtha L KM
