Altcoins Poised for Q4 Surge as BTC Dominance Wanes

IconCryptoNewsTerminal Staff09 Sep, 2024

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Altcoins Poised for Q4 Surge as BTC Dominance Wanes

Bitfinex's Alpha report forecasts a promising Q4 for altcoins. Over the past week, Bitcoin (BTC) dominance dipped 1.3%, while the market capitalization of altcoins outside the top 10 soared 4.4%. This shift suggests growing investor interest in alternative cryptocurrencies. Should macroeconomic conditions brighten, altcoins could spearhead a fourth-quarter rally.