đąGood morning !
đ In Kaiko's latest quarterly report, analysts presented a chart comparing the dominance of the top 50 altcoins versus Bitcoin.
Here are the most notable points:
đ Altcoin dominance initially fell, reaching near its yearly low of 35% in early September.
đ However, it rebounded to close the month at 48%.
đ Altcoins have experienced high volatility, and according to Kaiko experts, this turnaround is linked to the drop in interest rates.
đ It seems that investors are increasingly willing to take risks, a very encouraging sign for the altcoin market!