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Is Altcoin Season Here? Traders Rotate to XRP, Solana, ADA as Bitcoin Loses Steam

  • Bitcoin's dominance is showing signs of weakening, leading traders to rotate into major altcoins like XRP, Solana, and Cardano.
  • Altcoins including Solana and ADA saw gains in the last 24 hours, fueled by Bitcoin's consolidating price just below $111,000.
  • Analysts suggest a potential altcoin rally if Bitcoin's dominance decreases, with XRP and Solana poised to lead the move.
  • Positive technical indicators and regulatory developments are backing the bullish case for altcoins, despite potential macroeconomic challenges.

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