Altcoin Hopes Fade as Bitcoin Dominance Rises to 62.18%

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#ETHBreaks2k

💥Ethereum Surpasses $2,000! Will ETH Reach $2,500 or Fall to $1,950? 💥

◼️Ethereum's price has surged over 7% today, allowing the leading altcoin by market capitalization to reclaim the significant $2,000 threshold. This resurgence has brought a wave of relief to the altcoin market, which has experienced a notable uptick in recent hours.

🔸▪️Despite this positive momentum, traders remain cautious about Ethereum's short-term outlook, as the risk of a bearish pullback appears to be increasing. Many are asking, “Is now the right time to sell your Ethereum?”

#bitcoin to be treated differently than altcoins in US crypto reserve.

Important altcoin fundamentals:

1. Price
2. Momentum
3. Liquidity
4. Flows/positioning
5. Attention/narrative (almost entirely a derivative of the first 4)

Virtually everything else is noise for short to medium-term trading.

Most of the time, narratives are psyops added after the fact to justify or rationalise a big move.

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Dive into today’s crypto pulse as altcoins continue to reshape the digital landscape! Whether you’re HODLing or trading, staying informed is key. From DeFi powerhouses to emerging NFT ecosystems, the altcoin market never sleeps. 🌍✨

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Altcoin season has officially started; Google confirms this. Coins everyone thought were dead, like XRP, ADA, and even IOTA, have seen a resurgence.

Its ICO gives Dogizen a crazy advantage
There are two sides to this. Firstly, Dogizen is holding the first-ever Telegram ICO. This means it’s the first time an ICO has been delivered directly to Telegram’s 950 million users.

That’s essentially an entire continent with an ICO on their doorstep, and they don’t even need to leave the app to buy, claim, and hold.

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🚨 Big News Update for Altcoins 🚨

🇺🇸 The CFTC Chairman has stated that 70-80% of cryptocurrencies are classified as non-securities, meaning they do not fall under the same regulatory framework as stocks and bonds.

#bitcoin #crypto #ether #ethereum