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Gate Square New & Returning Creator Rewards are ongoing!
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Altcoins Season: Recent Crypto Dip Shows Decline May Be Over And Bulls Are Taking Charge
Altcoins are showing signs of strength as the cryptocurrency market begins to recover from a significant correction in February. This rebound has pushed the total crypto market cap upward after bouncing off the $3 trillion mark on February 2.
Notwithstanding, this correction saw the altcoin market cap dip massively after a rejection at $425 billion. However, a key observation from crypto analyst Rekt Capital noted that despite the rejection from this significant resistance level, the pullback in altcoin market capitalization is much shallower than in previous downturns. This observation shows that the bulls might be slowly taking charge among altcoins.
#Altacoins #AltSeasonComing