Retail interest moves from Bitcoin to altcoins and Ethereum, say analysts

Investor sentiment in the cryptocurrency market has surged, with retail interest increasingly shifting toward altcoins and Ethereum (ETH), indicating that Bitcoin’s (BTC) recent euphoria may be easing, Cointelegraph reported. Analysts, including Max Shannon of Bitwise, noted that the crypto asset sentiment index rose sharply from 0.23 to 0.91 within a week, while Google searches for altcoins and ETH hit multiyear highs. This suggests that BTC’s concentrated bullish momentum is tapering, as investor capital begins rotating into other cryptocurrencies.

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