Bitcoin Trails Stocks as Altcoin Index Surges Toward Altseason
- Altcoin Season Index hit 71, just shy of the 75 “altseason” threshold.
- Bitcoin dominance slipped to 57.4%, the lowest since February.
- S&P 500 is outpacing BTC, raising odds of a Bitcoin catch-up rally.
The Altcoin Season Index has climbed to 71, closing in on the 75 mark that typically confirms the start of a full altseason.
For traders, that signals capital is rotating out of Bitcoin and into altcoins, where tokens like Solana (SOL) and XRP have been leading the pack
Altcoins Build Momentum as Bitcoin Stalls
The index measures how many altcoins have outperformed Bitcoin over the past 90 days. Once it clears 75, most traders declare “altseason.”
Right now, tokens like Solana (SOL) and XRP have led the charge, fueling the rally and dragging smaller caps higher.
Meanwhile, Bitcoin’s dominance, its share of the overall c…
Read The Full Article Bitcoin Trails Stocks as Altcoin Index Surges Toward Altseason On Coin Edition.
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Bitcoin Trails Stocks as Altcoin Index Surges Toward Altseason
- Altcoin Season Index hit 71, just shy of the 75 “altseason” threshold.
- Bitcoin dominance slipped to 57.4%, the lowest since February.
- S&P 500 is outpacing BTC, raising odds of a Bitcoin catch-up rally.
The Altcoin Season Index has climbed to 71, closing in on the 75 mark that typically confirms the start of a full altseason.
For traders, that signals capital is rotating out of Bitcoin and into altcoins, where tokens like Solana (SOL) and XRP have been leading the pack
Altcoins Build Momentum as Bitcoin Stalls
The index measures how many altcoins have outperformed Bitcoin over the past 90 days. Once it clears 75, most traders declare “altseason.”
Right now, tokens like Solana (SOL) and XRP have led the charge, fueling the rally and dragging smaller caps higher.
Meanwhile, Bitcoin’s dominance, its share of the overall c…
Read The Full Article Bitcoin Trails Stocks as Altcoin Index Surges Toward Altseason On Coin Edition.
Read More