Bitcoin rotations into altcoins collapses: Have altseasons ‘disappeared’?
BTC’s crypto market dominance is holding above a key support, signaling Bitcoin may keep absorbing capital from altcoins and delay a broader altseason.
Cryptocurrency traders are no longer using Bitcoin (BTC) profits to buy altcoins as they did in previous bull cycles, raising doubts about whether a broad “altseason” can return.
Key takeaways:
Bitcoin-to-altcoin rotation trend has collapsed to its weakest level since 2021.