Altcoin Season Begins as BTC Dominance Plummets

The fabled altcoin season may finally be rearing its head, as Ethereum and altcoins lead the market while BTC dominance takes a tumble. ETH is now up nearly 14% on the week, while BTC is up just 4% despite the monumental $100,000 level finally being breached. Meanwhile, BTC.D, or Bitcoin dominance, has fallen from 61% to 55% over the last two weeks, while the total crypto market capitalization has surged to new highs. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant