#AltcoinSeasonLoading The altcoin season is a period when most altcoins, meaning all crypto assets other than Bitcoin, see their value increase significantly.
For analysts, this season is a golden opportunity for investors looking to diversify their portfolios. Imagine investing in a lesser-known alternative token to Bitcoin and seeing its value soar: the returns on investment could be colossal.
Why do altcoins follow the price of Bitcoin?
The season usually starts when Bitcoin's dominance in the market decreases. In other words, when Bitcoin stagnates or loses value, investors look for opportunities elsewhere, leading to an increase in the market capitalization of altcoins.