#AltcoinSeasonLoading #AltcoinSeasonLoading
The Altcoin Season is a period during which alternative cryptocurrencies (Altcoins) outperform Bitcoin, often due to increased market sentiment, rapid price rises, and an increase in their dominance in the cryptocurrency market.
*To determine if the Altcoin Season has started:*
- We can look at the performance of the top altcoins compared to Bitcoin over the past 90 days.
- According to the Altcoin Season Index (CMC Altcoin Season Index), the Altcoin Season is defined as when 75% of the top 100 coins outperform Bitcoin.
*Current market sentiment:*
- The Altcoin Season Index (CMC Altcoin Season Index) provides real-time insights into whether the market is in the Altcoin Season.
- Another indicator suggests that we are currently in the "Bitcoin Season" with a score of 24, indicating that Bitcoin dominates the market.