$BTC
Santiment analytics revealed that traders are proclaiming that altseason is just around the corner due to the recent Bitcoin surge. The firm's analyst noted that BTC's resurgence in the $94K-$96K range over the last five days suggested that there could be a significant redistribution of profits towards altcoins later on.
The analytics company highlighted that there has been a 10.2% increase across the crypto sector, with Bitcoin representing only 7.6%. The analyst also believes that this means some money has collectively moved towards small market capitalizations like altcoins.
