It seems that the crypto market has woken up after the summer. And if on the last occasion it was led by Bitcoin, everything seems to indicate that this time it is the turn of the Altcoins to lead the rise.
After many months, Bitcoin is losing positions in the market dominance that is approaching 50%. This is an indicator of what seems to be coming. In other cycles this has been very common, investors accumulate in Bitcoin as the most solid value in the market, but when the trend is seen to be bullish, then they start buying other coins.
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The recent reduction in rates and the forecasts that there will be more should make capital flows enter cryptocurrencies as investment assets. This together with a transfer of funds from Bitcoin to other options that present more profits would lead us to a Christmas rally for Altcoins.
But we must never forget that if cryptocurrencies are already a very risky investment, Altcoins are even more so, and we must be cautious so as not to get caught when the price drops again, because without a doubt the drops will return and then we will prefer to be in Bitcoin.
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