Crypto traders, market analysts and several metrics suggest that an “altcoin season” is about to begin as Bitcoin price challenges new highs.
Market Update news
Ethereum price has had a rocky start to the week and data suggests that more downside could be on the way.
Bitcoin price was rejected due to profit-taking and big resistance at $69,000, but breaking it would trigger over $1.6B in short liquidations.
Apechain mainnet launch and LayerZero’s integration translated to 100% price upside for APE in recent days.
DOGE price staged a double-digit rally over the past week as memecoin traders took new positions, expecting more upside.