Bitcoin (BTC) and altcoins in the cryptocurrency realm are currently facing a temporary decline. The pullback phase that followed the halving event appears to be coming to an end, potentially paving the way for a prolonged consolidation period during the summer months. This overall scenario suggests a downward trajectory for the altcoin market. Although certain sectors, such as meme coins, might exhibit contrasting movements, the prevailing trend in the past month has been downward.
