finixyta on Nostr: 📉 Altcoin season unlikely in November as Bitcoin prepares for a new ATH. BTC’s ...
📉 Altcoin season unlikely in November as Bitcoin prepares for a new ATH. BTC’s rise to $67,000 and dominance growth to 59.36% sideline altcoins as capital flows to BTC. ETF inflows and institutional interest push Bitcoin close to its ATH, impacting the anticipated altcoin season. Altcoin season remains unlikely as BTC’s dominance grows; altcoins lack the momentum to outperform in the current market. 🌐 #Bitcoin #Altcoins #Crypto #MarketUpdate
Published at
2024-10-28 06:57:46Event JSON
{
"id": "61bfe2aa52d801829fd380dac43b02f88c8b88eb5dbd6638c417e8f4b4589934",
"pubkey": "f23386b476a929409a376b8722810cc62731df85242c574a19ada93df51d21a5",
"created_at": 1730098666,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"altcoins"
],
[
"t",
"crypto"
],
[
"t",
"marketupdate"
]
],
"content": "📉 Altcoin season unlikely in November as Bitcoin prepares for a new ATH. BTC’s rise to $67,000 and dominance growth to 59.36% sideline altcoins as capital flows to BTC. ETF inflows and institutional interest push Bitcoin close to its ATH, impacting the anticipated altcoin season. Altcoin season remains unlikely as BTC’s dominance grows; altcoins lack the momentum to outperform in the current market. 🌐 #Bitcoin #Altcoins #Crypto #MarketUpdate",
"sig": "cd5cdeb9d1a83c0313dc579c14abd868228147fed74e648607e1bcc2c2df08ad33b0572ca72bf89f36e1dec4c57f63a4e9aea799ac86b415c9f399c196f1c92f"
}
