Altcoin Season Approaching as Bitcoin Dominance Declines, Says Analyst Kevin Svenson

Cryptocurrency analyst Kevin Svenson has identified a positive signal for the altcoin market. Svenson examined the Bitcoin Dominance index, which shows Bitcoin’s share of the total cryptocurrency market value. He hinted that we might be approaching an “altcoin season.” “The decreasing dominance of Bitcoin could be a good indicator for altcoins,” said Svenson, highlighting that

Source: CoinOtag