#ALT #altcoinseason
š What Is Altcoin Season?
Altcoin season refers to a period when a significant number of altcoins (cryptocurrencies other than Bitcoin) outperform Bitcoin in terms of price appreciation. This phenomenon typically occurs when investors diversify their portfolios, seeking higher returns from smaller-cap cryptocurrencies. The Altcoin Season Index, a tool that measures the performance of the top 50 coins relative to Bitcoin over the last 90 days, is often used to identify such periods. If 75% of these coins outperform Bitcoin, it signals the onset of an altcoin season.
