Bitcoin's market dominance has surged to nearly 59% in December, leaving most altcoins in a tight trading range due to constrained liquidity. Analysts attribute the lack of altcoin movement to liquidity issues rather than poor fundamentals or sentiment. Historically, altcoins have rallied following improvements in liquidity and Bitcoin's consolidation.
Experts like VirtualBacon and Matthew Hyland highlight that significant altcoin surges typically occur after Bitcoin breakouts and easing quantitative tightening. Altcoin Vector notes that key support levels for altcoins are holding, suggesting that a liquidity boost could trigger renewed momentum in the altcoin market.
Bitcoin Dominance Climbs to 59% as Altcoins Stagnate Amid Liquidity Crunch
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