Altcoin Season Hopes Fade as US Election Buzz Fuels Bitcoin Dominance

As the US Presidential Election draws near, Bitcoin’s dominance over the cryptocurrency market is rising. This potentially dampens hopes for an altcoin season. Bitcoin’s dominance, measured by BTC.D, has climbed to its highest level since 2021. This surge coincides with significant capital inflows into Bitcoin ETFs and a relatively stagnant performance of many altcoins. Bitcoin For the... source: https://beincrypto.com/hopes-fade-for-altcoin-season/