The cryptocurrency market has recorded a sharp decline in altcoins over the last 24 hours 📉, driven by the drop in Bitcoin's price, which fell below $100,000, reaching a low of $96,000. This pullback has increased Bitcoin's dominance to 56.5% 🪙, further putting pressure on altcoins, as many investors have opted to consolidate their assets in Bitcoin amid uncertainty ⚠️.
Despite this bearish trend, some analysts remain optimistic 🌟 about a potential recovery in the medium term, especially if Bitcoin's dominance decreases. In this context, investors are advised to stay informed 📚 and make cautious decisions due to the high volatility of the market 🚨.