BTC Dominance Plummets As Altcoin Season Beckons: When Will Trump’s US Crypto Reserve Happen?

The article discusses how BTC dominance has dropped below 60% following announcements of a US Crypto Reserve by Donald Trump and a White House Crypto Summit. This has led to a surge in altcoins, with Bitcoin rising 10% to $94,220 and altcoins like XRP, Solana, and Cardano outperforming. The shift in market share towards altcoins signals the beginning of an altcoin season.

Trump’s announcement of a US crypto reserve including various altcoins has boosted investor sentiment and led to significant gains in the crypto market. The upcoming White House Crypto Summit on March 7, 2025, is expected to provide further clarity on the administration’s pro-crypto stance.

The article also highlights the bullish momentum in the crypto market, with Bitcoin hitting $93,000 and Ethereum and XRP rallying. Analysts predict a potential bull run driven by Trump’s endorsement of cryptocurrencies as strategic assets. Market data shows increased demand for cryptocurrencies and a possible accumulation phase before a bull run.

Overall, the article suggests that the US Crypto Reserve will inject confidence and liquidity into the market, potentially leading to a synchronized bull run across all cryptocurrencies.