Bitcoin rotations into altcoins collapses: Have altseasons ‚disappeared‘?

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BTC’s crypto market dominance is holding above a key support, signaling Bitcoin may keep absorbing capital from altcoins and delay a broader altseason.

Cryptocurrency traders are no longer using Bitcoin (BTC) profits to buy altcoins as they did in previous bull cycles, raising doubts about whether a broad “altseason” can return.

Key takeaways:

Bitcoin-to-altcoin rotation trend has collapsed to its weakest level since 2021.

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