Understanding Altseason and What to Expect in 2021

Cryptocurrency came into existence in 2009. Since its invention, the market has grown significantly, and today, there are over 5000 cryptocurrencies. It has become a competitive market with key industry players as well as competitors. Further, the industry has seen the development of different terms and phenomena such as 'Altseason' and 'Altcoins,' which cryptocurrency experts and traders come out to explain. Bitcoin was the first and most significant cryptocurrency. However, several other cryptocurrencies have come up, including Monero, Ethereum, XRP,…

Bitcoin’s Dominance Suggests Imminent Crypto Market Rally

Within the previous week, the dominance of Bitcoin over the cryptocurrency market has been steady despite its decline since the beginning of 2020. The dominance needs to reduce for altcoins to secure any kind of huge momentum that does not depend on Bitcoin. According to a renowned cryptocurrency analyst, this may soon happen, noting that the cryptocurrency market is now closer than ever to seeing altseason, which allows altcoins to record huge gains. In his explanation, three major factors support this outlook, and…