Bitcoin (BTC) 
$91,409 And Ethereum (ETH) 
$3,107 While spending the weekend on a horizontal course solana (SOL) attracted attention with an increase of approximately 17 percent from the low levels seen on Friday last week. QCP Capital emphasized that Solana and other altcoins began to gain attention due to the influence of the Donald Trump administration, which adopted pro-crypto policies. According to analysts, this trend strengthened the “altcoin season” expectations.
QCP Capital: Altcoin Season Signals Are Coming
Looking at historical data, after major cryptocurrencies consolidated altcoinIt is known that ‘s often show higher performance. Bitcoin’s dominance over the market currently hovers around 60 percent. QCP CapitalAccording to , if this rate falls below 58 percent, strong signals can be received that the altcoin season has begun. Still, investors appear to be in no rush to switch to altcoins as Bitcoin is believed to have more room to move towards the $100,000 target.
Additionally investors and analysts Trump administrationPro-cryptocurrency policies are expected from . The prediction that interest rate cuts will continue also supports this expectation. QCP Capital analysts are of the opinion that all these developments may pave the way for the full start of the altcoin season in the coming months.
Institutional Interest and Bitcoin Comments
Bitcoin managed to find strong support despite net exchange-traded fund (ETF) outflows last week. based in japan metaplanetIt was noteworthy that he announced at the beginning of the week that he planned to purchase BTC with the funds obtained from bond sales. This move of Metaplanet MicroStrategy It shows that it is following in the footsteps of big companies such as.
Increasing institutional interest makes predictions that Bitcoin will reach the 100 thousand dollar target more realistic. Analysts believe that the combination of political and institutional factors is the biggest cryptocurrencyHe predicts that he will take it to higher levels. QCP Capital analysts told that Bitcoin is in this uptrend altcoin seasonThe onset may be inevitable. But for now, investors are largely focused on Bitcoin.
Analysts agree that BTC should remain stable for a while in order for Atcoins to become more active in this period when investors closely follow both political and financial developments.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
