CryptoQuant data reveals a $36B sell-off in altcoins as the Altcoin Season Index score of 17 shows a "Bitcoin Season."

  • Altcoin sentiment remains weak as buy/sell volume dips by $36B since December

  • Bitcoin dominance persists with altseason index stuck at just 23 out of 100

  • Market shows fragility as BTC must reclaim $106K to confirm bullish momentum

Bitcoin holds steady near the $104K mark as altcoins underperform and market concerns grow. While Bitcoin bulls stay active, most altcoins remain stuck in a prolonged slump. The broader crypto market feels split, with Bitcoin leading the charge but dragging altcoins in tow. 

Investors seeking signs of an altcoin revival may need to wait longer, as recent data paints a rather subdued picture. CryptoQuant’s latest metrics suggest the much-anticipated altseason could be farther away than many hoped.

Still Winter for Altcoins?

“Unless this metric starts rising again, expecting a full-blown altseason or altcoin FOMO might just be wishful thinking.” – By @burak_kesmeci pic.twitter.com/R6PZDNc12K

— CryptoQuant.com (@cryptoquant_com) June 19, 2025

Altcoin Sentiment Stays Low Despite Market Movements

According to CryptoQuant, the 1-Year Cumulative Buy/Sell Quote Volume Difference for altcoins excluding Bitcoin and Ethereum c…

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