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If the $105,000 remains strong, BTC could extend the rally toward the all-time high of $109,588. The upcoming Donald Trump’s “TRUMP Gala” memecoin fundraiser on Thursday is the key event to watch for. This event, also known as ‘Dinner with Trump’ in Washington, DC, tied to the TRUMP meme coin, could be a potential catalyst to bring volatility in the market.
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If Bitcoin moves higher from here, breaking above the 64% dominance, then it could attract even more attention and capital. But if Bitcoin gets pushed down below 64%, then altcoins could bounce, sparking an altcoin rally in the market. The battle between Bitcoin and altcoins is heating up and it all comes down to one crucial level on the Bitcoin Dominance chart. Bitcoin Dominance is currently at 64%, a crossroads that could either send altcoins crashing or launch them into a new rally. What happens next could shape the short to mid-term outlook for altcoins. If you use other top crypto tools for analysis, you’ll be much better equipped.
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Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Retirement Investments has advertising relationships with some of the offers listed on this website. Retirement Investments does attempt to take a reasonable and good faith approach to maintaining objectivity towards providing referrals that are in the best interest of readers. Retirement Investments strives to keep its information accurate and up to date. The information on Retirement Investments could be different from what you find when visiting a third-party website.
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