#AltcoinSeasonLoading

The Altcoin Season is a period during which alternative cryptocurrencies (Altcoins) outperform Bitcoin, often due to increased market sentiment, rapid price increases, and growing dominance in the cryptocurrency market.

*To determine if the Altcoin Season has begun:*

- We can look at the performance of the top altcoins compared to Bitcoin over the past 90 days.

- According to the CMC Altcoin Season Index, the Altcoin Season is defined as when 75% of the top 100 coins outperform Bitcoin.

*Current market sentiment:*

- The 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 "Bitcoin Season" with a score of 24, indicating that Bitcoin dominates the market.

*Key characteristics of the Altcoin Season:*

- *Increased dominance of altcoins*: Altcoins gain importance in the cryptocurrency market.

- *Rapid price increases*: Altcoins experience significant price surges, often exceeding Bitcoin's growth.

- *Fear of Missing Out (FOMO)*: Market sentiment is usually bullish, driven by optimism about potential returns.

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