Altcoin Price Setup Today: AAVE, ALGO, THETA, and ADA as Bitcoin Holds 59% Dominance
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- Bitcoin crosses $113K, maintaining 58% market dominance over major cryptocurrencies.
- THETA may rise 30% if it holds firmly above the $0.575 level.
- ALGO and AAVE show strong recovery signs following recent market corrections.
Bitcoin is currently trying to bounce back above $110k while still holding a commanding 59% of the crypto market. This dominance has left many altcoins struggling for attention, but market analyst Michael van de Poppe sees this as just the beginning.
A sharp Bitcoin rally on October 21 and the biggest one-day gold drop since 2013 shifted attention back to altcoins. According to van de Poppe, Ethereum could soon surpass $5,000, while select altcoins might be preparing for their first 5–10x bull run of the cycle.
Altcoins ‘Window of Opportunity’
Yet another factor that lays stress on the altcoins price setup today, is the flash crash…
Read The Full Article Altcoin Price Setup Today: AAVE, ALGO, THETA, and ADA as Bitcoin Holds 59% Dominance On Coin Edition.
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