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Crypto Bulls Charge: Altcoin Season Ignites as Markets Enter Green Zone
Crypto Bulls Charge: Altcoin Season Ignites as Markets Enter Green Zone
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Bitcoin’s rally past $60K has opened the floodgates for altcoins, with Ethereum, Solana, and BNB posting double-digit gains. The Crypto Fear & Greed Index just hit ’Extreme Greed’—right on schedule for another speculative frenzy.
Behind the surge: Spot ETF inflows hit $1B daily, institutional FOMO meets retail traders leveraging up on perpetual swaps. Meanwhile, Tether’s printer goes brrr with another $2B USDT minted this week.
Warning: The last time the market cap dominance indicator flashed ’altcoin season,’ leverage longs got liquidated within 72 hours. But hey, this time is different... until it isn’t.
The crypto market has been doing really well for the past few days. Since April 23, it has stayed mostly in the green zone. Today, the global crypto market cap stands at $2.97 trillion, showing a small but steady 0.39% rise in the last 24 hours. Read More
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