Altcoin season index: Will Bitcoin’s dominance slow the alt rally?

Quick Summary:

Altcoin sector hit crossroads with healthy funding rates but a worrying spike in BTC dominance.

That said, Ethereum [ETH], another barometer of the altcoin health, defended the $3.5K support as analysts remain hopeful that a strong rebound was likely.

After a remarkable rally, the altcoin sector saw its first major shake-out since the US elections.

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Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets: United States

Topics: Altcoin News Ambcrypto Social Trading View News 1

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 16:00:47 (1 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 469 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 24356666

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 25 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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