• Bitcoin dominance nears key resistance, signaling a potential shift toward altcoin momentum.
• Declining U.S. economic uncertainty boosts investor confidence in crypto and equity markets.

A key macro signal may be flashing green, but the crypto market still seems to be holding its breath.

The Economic Policy Uncertainty Index in the U.S. is on a steady decline, marking a potential turning point for risk assets, as reported by Alphractal.

Confidence is up, but prices?

Historically, spikes in this index have coincided with market bottoms for both the S&P 500 and Bitcoin [BTC], with the last major dip occurring around the 5th of April.

As uncertainty eases, investor confidence appears to be strengthening, laying the groundwork for potential rallies across equities and crypto.

Having said that, market prices haven’t caught up with the macro optimism, at least not yet.

Bitcoin, for instance, was trading at $108,420.04 after slipping 0.44% in the past 24 hours, according to CoinMarketCap.

Meanwhile, the S&P 500 also saw red, falling 0.79% to 6,229.98, as reported by Google Finance.

So while confidence is quietly creeping in, prices remain cautious. The mood feels more like pregame than liftoff.

Analysts are anticipating an upcoming altseason

Meanwhile, on-chain analysts have turned their gaze toward altcoins. Joao Wedson, founde

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Author: Ishika Kumari

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