The Altcoin Season is a period in the cryptocurrency market where altcoins, cryptocurrencies other than Bitcoin, experience faster and more significant growth than Bitcoin. This time period, which can last from weeks to months, is characterized by a substantial increase in the value of altcoins as investors shift their capital from Bitcoin to other cryptocurrencies.

Here are some key points about the Altcoin Season:

Definition:

Altseason is marked by the outperformance of altcoins compared to Bitcoin over a prolonged period.

Causes:

This can be attributed to several factors, such as Bitcoin's stabilization after a rise, the emergence of new technologies or projects in altcoins, or increased speculation and interest in alternative cryptocurrencies.

Traits:

Altcoin seasons are often accompanied by trends such as DeFi, NFTs, or memecoins, which attract the attention of investors.

Indicators:

The Altcoin Season Index is an indicator that analyzes the performance of major altcoins against Bitcoin and can help determine if an altcoin season is underway, according to 99Bitcoins.

Impact:

The Altcoin Season can lead to significant surges in altcoins, attracting new investors and generating greater interest in the cryptocurrency market.