Bitcoin tried to resume expansion earlier this week and break above $ 60,000. However, the coin was able to only briefly exceed $58,000 and then rolled back again.
On the night of Tuesday, March 30, the BTC rate is holding around $ 57,750. The bitcoin dominance index is now at its lowest value since the end of October last year. This figure fell to 59.4%.
We are at times of the next "altseason", analysts predict.
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The largest altcoins Ether (ETH) and Binance Coin (BNB) have already risen in price to $ 1,830 and $ 275, respectively. Cryptocurrency capitalization, excluding bitcoin, has grown to $ 811 billion.
According to trader Michael van de Popp, altcoins will be able to renew their highs this summer. The same expert predicts that broadcast will show the best results in the medium term.
A scenario is not excluded in which the ETH rate will grow to $ 5,000 and even to $ 10,000. One of the growth drivers for this coin may be the recent decision of the Visa payment system to use the Ethereum blockchain for settlement transactions with the USDC stablecoin.