Overview

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Altcoins PNUT, PEPE, and DOGE outpace Bitcoin in recent gains. The Altcoin Season Index suggests a transitional market phase. Bitcoin’s market dominance has What is the CMC Altcoin Season Index? If 75% of the top 100 coins outperform Bitcoin in the last 90 days, it's Altcoin Season. Remember, stablecoins like Tether and DAl, as well as asset The crypto market is seeing anticipation as several technical indicators suggest an altcoin season may be imminent. With Bitcoin’s recent performance stabilizing Bitcoin’s move above $40K brought in significant gains for most of the large-mid altcoins last week. As it stands, the top 10 altcoins (excluding stablecoins) have outpaced Bitcoin’s weekly return on investment,barring LUNA.Some, suchas Ethereum, Solana, Avalanche, and Cardano,grew by double Ver más

Top Alts Outpace Bitcoin: Early Signs of Altcoin Season?

Is Altcoin Season here? The crypto market is seeing anticipation as several technical indicators suggest an altcoin season may be imminent. With Bitcoin’s recent performance stabilizing, many are looking to alternative cryptocurrencies (altcoins) for potentially higher returns.

Altcoins Surging Ahead

Several altcoins have shown impressive gains recently. Altcoins PNUT, PEPE, and DOGE outpace Bitcoin in recent gains, capturing investor attention and fueling speculation about a potential shift in market dominance.

Bitcoin's Dominance and Altcoin Performance

Bitcoin’s market dominance has been a key indicator to watch. When altcoins consistently outperform Bitcoin, it can signal the start of an Altcoin Season. For instance, Bitcoin’s move above $40K brought in significant gains for most of the large-mid altcoins last week. As it stands, the top 10 altcoins (excluding stablecoins) have outpaced Bitcoin’s weekly return on investment, barring LUNA. Some, such as Ethereum, Solana, Avalanche, and Cardano, grew by double.

Understanding the CMC Altcoin Season Index

What is the CMC Altcoin Season Index? It's a valuable tool for gauging the market's trend. If 75% of the top 100 coins outperform Bitcoin in the last 90 days, it's considered Altcoin Season. The Altcoin Season Index suggests a transitional market phase.

Important Considerations

Remember, stablecoins like Tether and DAI, as well as asset-backed tokens, typically aren't included in Altcoin Season calculations. Focusing on true altcoins provides a more accurate picture of market sentiment.