Why low Bitcoin dominance doesn’t make altcoins immune to market falls

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Bitcoin dominance has fallen below 60% as investors diversify into altcoins. Yet, this does not make them immune to BTC's swings.

Bitcoin dominance has dropped, causing altcoins to evolve into ‘safe havens’ during high-risk periods.

But just as quickly as the excitement built, the market began to cool off, leaving everyone wondering: what’s next? However, in recent cycles, altcoins have been diverging, establishing themselves as a distinct asset class.has reclaimed the $3,500 resistance level, a target last seen in July. However, achieving true independence from Bitcoin’s market swings requires focusing on the unique strengths of individual altcoins to distinguish them from broader market volatility., for instance, has emerged as a standout, renowned for its high throughput and lightning-fast transaction speeds, positioning it as a promising contender.

 

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