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Crypto-News-Flash

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Will Altcoins Explode in June 2025 After FTX’s $5 Billion Distribution?

  • FTX is set to distribute $5 billion to creditors on May 30, which could potentially trigger an alt season in June.
  • Bitcoin dominance has decreased to 62.9% as money may flow into altcoins, with the Altcoin Index declining to 26/100.
  • XRP, Solana, and Dogecoin have experienced weekly declines, but June is expected to bring changes with the massive FTX repayment to customers.
  • Market analysts suggest that the FTX repayment could lead to reinvestment in altcoins, although the current trend shows weakening altcoin momentum.

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