Altcoin Market Sees Recovery as Bitcoin and Ethereum Market Share Declines

The altcoin market is showing strong signs of recovery as investors shift focus away from Bitcoin (BTC) and Ethereum (ETH).

The TOTAL3 index, which tracks cryptocurrencies excluding BTC and ETH, has surged nearly 9% in the past week, signaling renewed momentum for altcoins.

 

📊 Market Highlights

  • Bitcoin dominance dropped by 1.10% over the week.
  • Ethereum’s market share fell sharply by 5.01%.
  • The global crypto market cap has now reached $4.013 trillion, reflecting a 2.1% increase in the last 24 hours.

This trend suggests a growing appetite among investors for alternative cryptocurrencies, as capital flows into the broader market beyond the top two digital assets.

As the altcoin sector continues to expand, it may indicate a potential shift in market dynamics and provide new opportunities for traders and investors.

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