Alphractal CEO predicts: June will usher in the alt season, and BTC's dominance will decline in the next few months

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According to CoinDesk, Joao Wedson, CEO of crypto data analysis platform Alphractal, predicts that June will usher in a comprehensive Altcoin season, with the performance of many Altcoins already surpassing Bitcoin. Bitcoin's dominance (measuring Bitcoin's share in the entire digital asset market) dropped from around 65% to 62% within a week, ending a five-month upward trend. Meanwhile, the total market capitalization of cryptocurrencies increased from $2.90 trillion to $3.24 trillion, indicating that investors' interest is shifting from Bitcoin to other cryptocurrencies.

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