Bitcoin Dominance Drops to 62% as Altcoins Start to Fight Back

Bitcoin has been the star performer lately, however, altcoins have also started to fight back. Bitcoin dominance has dropped to 62%, which shows a shift towards altcoins.

Bitcoin has been the star performer lately, however, altcoins have also started to fight back. Bitcoin dominance has dropped to 64%, which shows a shift towards altcoins.

Ethereum’s recent 10% daily surge and 50% weekly rally have some investors wondering if we’re on the brink of a full-blown altseason.

After hitting lows of around $74,500 a few weeks ago, Bitcoin has now risen to just under $106,000. A healthy correction could be coming, which is normal after such a sharp rise.

Analysts see the current Bitcoin dip as a buying opportunity, with a possible drop to $98,000 or $102,000 before bouncing back. But if it keeps climbing, the next pullback could be even steeper.

Currently, Bitcoin is trading at $103,743.

Top Altcoins To BuyNow, let’s move on to some of the top altcoins that are showing promise.

First up is XRP, which has been steadily rising after its major SEC victory. Now priced at $2.49, it’s still well below its all-time high of $3.40, which makes it a great entry point.

Next is Cardano, which has quietly outperformed nearly all other crypto assets over the past 90 days. It’s also integrating with Bitcoin and offering privacy through its Midnight project, which could attract millions of new users.

Currently priced at $0.79, ADA is about four times away from its all-time high of $3.90, presenting another good entry point.

Hedera (HBAR) is currently at $0.20, much lower than its peak of $0.57. Quant (QNT) is priced at $95, down from its all-time high of $427.

With the market in a pullback, these altcoins could present strong entry points for the next rally.