The Altcoin Index has reached a local high of 72 out of 100, signaling a robust altcoin cycle as investors shift focus from Bitcoin to other cryptocurrencies. Bitcoin's dominance has fallen to its lowest level in seven months, reflecting this trend.
Major altcoins such as BNB, MNT, HYPE, and PUMP have achieved new all-time highs, driven by increased demand. BNB continues to be a leading utility token, while MNT and HYPE benefit from strong community backing. PUMP has also experienced a rapid ascent. As the Altcoin Index rises, traders are closely watching mid-cap and emerging altcoins for potential gains.
Altcoin Index Climbs to 72 as Bitcoin Dominance Declines
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