Global #Altcoins

As the US Presidential Election draws nearer, Bitcoin's dominance in the cryptocurrency market is surging, raising concerns for an impending altcoin season.

Despite a 2% dip this week, Dogecoin (DOGE) continues to stand out in the cryptocurrency market, especially as its competitors face declines of around 10%.

As the cryptocurrency market continues to evolve, investors and enthusiasts are gearing up for the next bull run. With some coins rising rapidly while others struggle, identifying promising altcoins is crucial for anyone looking to enhance their portfolio.

Despite a recent upswing in altcoin momentum, Ethereum (ETH) is facing significant selling pressure from major institutional players. In the past 24 hours, notable transactions have raised concerns about the future of ETH, as key wallets have offloaded substantial amounts of the cryptocurrency.

In the past three weeks, the cryptocurrency market has experienced a remarkable surge, with the total market capitalization rising from $1.828 trillion to $2.261 trillion—a nearly 20% increase.

The crypto market has witnessed a notable uptrend over the past week, with Bitcoin (BTC) regaining its position around the $60,000 mark. This bullish momentum has significantly impacted altcoins, particularly those in the artificial intelligence (AI) sector, sparking discussions about a potential altcoin rally in the upcoming week.