While some consider the altcoins season may never come, others believe the altcoin market has changed, suggesting that a different version of the highly anticipated rally is in its early stages. ‘Inverted Altcoin Season’ Just Begun On Friday, the market recovered 15% from its multi-year lows, with most cryptocurrencies bouncing in the short-term timeframe. Amid…
Tag: alt season
Analyst Says It’s Time To Rethink Altcoins And Alt Season Expectations – Here’s Why
As the market bleeds red and most altcoins lose crucial levels, some have suggested that investors must reshape their expectations of the crypto market this cycle and the long-awaited “alt season.” Old Crypto Cycle Is Gone – Analyst Over the past month, the crypto market has wiped out over $1 trillion in market capitalization due…
Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next?
The altcoin season has remained elusive because Bitcoin has continued to dominate the market. Even now, the largest cryptocurrency by market cap is still in the lead and continues to determine the direction of the rest of the crypto market. However, there is a turn in the tide coming as more altcoins begin to play…