Top Altcoins Poised to Surge as Bitcoin Dominance Weakens
The post Top Altcoins Poised to Surge as Bitcoin Dominance Weakens appeared on BitcoinEthereumNews.com.
The crypto market is heating up again. In the past 24 hours, the total market cap has climbed by 4.7%, with altcoins taking the lead. Major tokens like Ethereum, Solana, and Dogecoin are posting strong gains, catching the attention of both traders and analysts. Behind the scenes, market dynamics are shifting, and one well-known analyst has just revealed a simple formula for spotting which altcoins might be next to explode. Read on. Altcoin Market Analysis Ethereum is up 10.1%, XRP has gained 8.3%, and Solana has moved up by 8.4%. Dogecoin leads the pack with an 11.3% jump, followed closely by Cardano, up 10%, Avalanche rising 13.2%, Chainlink with an 11.6% boost, and Stellar gaining 10.2%. This wave of bullish momentum across altcoins has sparked a fresh sense of optimism in the market. Crypto analyst Miles Deutscher has weighed in with a breakdown of how to identify which altcoins could be next to rally. These are the altcoins that will pump the hardest: • Heavily shorted/oversold• Strong underlying narrative• New/upcoming catalyst(s)• Momentum indicator (i.e. MA) + HTF S/R flip confluence Take notes and prep your watchlists. I’ve already pulled the trigger on multiple. — Miles Deutscher (@milesdeutscher) April 23, 2025 The total crypto market cap was $2.63 trillion at the start of April but dropped to $2.31 trillion by April 7. Since then, however, the market has bounced back by over 20.92%. Altcoins are following the same pattern. After falling to $831.83 billion earlier this month, the altcoin market has now recovered by 17.57%, reaching $1.03 trillion. Over the last three days alone, it has grown by 7.67%. Bitcoin Dominance Dips as Altcoins Regain Momentum Bitcoin started April with a dominance level of 62.30%, which peaked at 64.59% before slightly falling to 64.31%. This slight dip shows that altcoins are…
Filed under: News - @ April 23, 2025 1:22 pm