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Bitcoin Dominance Hits 65%: Is an Altcoin Season Next?

Avatar photo Sonny S. Watts 3 days ago

Bitcoin has reached a dominance level of 65%, the highest it has seen since early 2021. This means Bitcoin now holds 65% of the total value in the crypto market. While this shows strong support for Bitcoin, analysts believe this trend might soon reverse. If that happens, it could trigger what many in the industry […]

The post Bitcoin Dominance Hits 65%: Is an Altcoin Season Next? appeared first on Coinchapter.

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.