Bitcoin poised to lead as dominance increases, altcoins lose support: Glassnode co-founders

Negentropic, the X account managed by Glassnode co-founders Jan Happel and Yann Allemann, reported that Bitcoin (BTC) seems poised to take the lead, with altcoins likely to lag behind until BTC stabilizes above $100,000. This stabilization could trigger a surge in altcoins currently in accumulation zones. They noted that BTC's dominance is increasing after a dip below $100,000, while altcoins are losing crucial support levels, indicating a strengthening environment for BTC.