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Bitcoin Signals Fresh Phase as Weak Altcoins Disappear, Says Crypto Expert

  • Altcoin correlations with Bitcoin are shifting, indicating a potential change in market dynamics.
  • While XRP's correlation with BTC decreased slightly, Solana's correlation has notably increased.
  • Over 1,400 altcoins are fading from the market, seen as a positive sign of maturation.
  • Bitcoin is experiencing a rare on-chain event, with the SOPR Trend Signal rising for the third time in this bull market.
  • It is recommended to monitor the SOPR signal closely for potential market developments.

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