Nearly 70% of altcoins outperformed bitcoin over the week
- —About 70% of altcoins outperformed BTC over the week
- —Top gainers: UNI, ZEC, NEAR, AVAX, STRK, AR, ENA
- —The BTC dominance contract para:BTCD is around 59.351
- —Large accounts on Hyperliquid are trading the relative strength of BTC and altcoins
Why it matters: A growing number of altcoins outperforming bitcoin may signal the start of capital rotation, but confirmation of an altseason requires a further decline in BTC dominance.
Source: TokenPost