Google searches for ‘altcoin’ hit five-year high

Google searches for “altcoin” have jumped to their highest level over the past five years, akin to interest levels recorded during Ethereum’s (ETH) foundation, CryptoSlate reported, citing Google Trends. Recently, Bitcoin’s dominance has declined to the area ranging from 59% to 61%, a phase when funds historically start to pile into large-cap altcoins like Ethereum, Solana and XRP. The altcoin bull run is likely to continue if Bitcoin remains hovering around its highs and its dominance stays below 60%, CryptoSlate highlighted, while adding that the altcoin growth rate could slow down if Bitcoin’s dominance hits 65% again.