Big changes are happening in the world of cryptocurrency! For a while, smaller cryptocurrencies (called altcoins) usually went up in price *after* Bitcoin did. This was called 'alt season'. But things are different now.
Recently, Bitcoin and altcoins have been moving together, both going up and down at the same time. This is making experts wonder if 'alt season' is over.
This shift might be because of some big events, like worries about the economy and some problems with certain crypto companies.
- Bitcoin and altcoins are moving together now, not separately.
- Bitcoin is down about 28% since January.
- Some altcoins are down even more!
- There might be good news – the government could allow some cryptocurrencies to be bought and sold more easily.
Cryptocurrency | Price Change (approx.) |
---|---|
Bitcoin | -28% |
Solana | -50%+ |
Dogecoin | -50%+ |