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Is Bitcoin Dominance About To Give Way To Altseason? Analysts React

  • Bitcoin (BTC) experienced a price drop following US Federal Reserve Chair Jerome Powell's hawkish remarks.
  • The total crypto market cap has fallen by over 6%, with altcoins being hit the hardest.
  • Some analysts believe that the decline in Bitcoin Dominance (BTC.D) may signal the start of an altseason.
  • BTC.D is expected to form a lower high and potentially decline, leading to increased interest in altcoins.

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