Altcoin dominance hits lowest levels since 2019.
Massive falling wedge pattern suggests possible multi-year bullish reversal forming for altcoins soon.
Ethereum, Solana, Cardano and Dogecoin jumped as Bitcoin’s rise lifts broader crypto.
The altcoin market has fallen to its weakest point against Bitcoin in almost five years, raising new questions about whether smaller cryptocurrencies can recover in the current cycle.
The “Others vs Bitcoin” chart has dropped to 0.11, the lowest level since the 2019–2020 bear market. Analysts say this shows how hard altcoins have been hit as Bitcoin continues to dominate the market.
Source: LarkDavis
Altcoins now represent only 11% of Bitcoin’s total market cap, a collapse that puts the sector in what Lark Davis describes as “super deep bear market territory.”
Read The Full Article Altcoin Market Hits 5-Year Low Against Bitcoin, Analysts See Big Reversal Setup On Coin Edition.
