The focal point in the crypto money market is changing. Bitcoin $98,663.61Although the market dominance of the market is high, the increase in the transaction volume of subcoins is remarkable. The interests of the stablecoins and the flow of investor towards the subcoins reveal the change in market dynamics. Experts say that there are strong signals that the Altcoin season has started.
The transaction volume in subcoins reached a record level
Although Bitcoin’s market share is 60 %, the transaction volume of Altcoins has recently exceeded Bitcoin’s 2.7 times. This increase shows that investor interest has changed direction. Traditionally, although Bitcoin’s market dominance is decisive, indicators such as transaction volume are also emphasized that they have become important in understanding the Altcoin season.
Analysts say that the increase in transaction volume in the market creates a serious activity in the Altcoin market. Especially Ethereum $2,805.10‘s better performance than Bitcoin stands out as one of the data that points to the beginning of the Altcoin season. Investors started to follow market movements more closely with the increasing volume.
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The increasing demand for stablecoins is one of the important indicators of this transformation. Investors reshape trading strategies by comprehending the new dynamics of the market. This change increases the power of subcoins against Bitcoin.
Experts draw attention to the Altcoin season
Crypto money experts, based on past data, the Altcoin season has begun, he says. Analyst Merlijn The Trader states that February is a critical rise period for Altcoins.
Max Brown, one of the market analysts, has a similar opinion. According to Brown, as of February, there is an increase in acceleration in the Altcoin market. When the historical cycles are examined, it is seen that February is usually periods when Altcoins rise.
Kryptoquant CEO, Ki Young Ju emphasizes that Bitcoin dominance is no longer the only determinant of the Altcoin season. New indicators such as process volume and stablecoin movements become more decisive in the rise of the subcoins. This enables investors to turn not only to Bitcoin, but also to different alternatives.
Considering the current market conditions, Altcoins are expected to attract more attention in the coming period. Experts advise investors that they should analyze market data well and not to miss opportunities.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.