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Image Credit: Coindoo

Altcoins Still Lag Behind as Bitcoin Dominates Market Momentum

  • Bitcoin's dominance in the market has overshadowed the performance of alternative cryptocurrencies, according to analyst Daan Crypto Trades.
  • Altcoins are struggling to break through a key horizontal resistance level, hindering their ability to catch up with Bitcoin's momentum.
  • Despite a recent bounce in the altcoin market, it still lags behind Bitcoin's robust trend, with analysts cautioning investors to remain wary until altcoins show more strength.
  • Until altcoins can convincingly surpass the resistance zone, Bitcoin's leadership in the market is expected to persist, prompting investors to stay cautious with altcoin investments.

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