Is altseason coming? Everything indicates that it is.#AltcoinSeasonComing
In recent days, the landscape of the crypto market has taken an interesting turn. Bitcoin, which had been dominating strongly, has lost some ground, falling to a dominance of 63.89%. And what happened in the meantime? Altcoins took advantage of the moment to take off.
Ethereum (ETH), the second most important crypto in the ecosystem, rose more than 20%, and other strong coins like Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) also marked significant increases, exceeding 6% in performance. This collective reaction suggests something more than a simple bounce: we are witnessing a change in trend.
To reinforce this theory, the CoinMarketCap Altcoin Index —a metric that indicates the momentum of altcoins against Bitcoin— rose from 23 to 36 in just a few days. This jump suggests that interest in altcoins is growing strongly and that we could be at the beginning of a new 'altseason', a period in which these alternative cryptocurrencies outperform Bitcoin.
So if you are in the crypto world or thinking of entering, this could be a key moment to diversify your portfolio and stay alert to the opportunities that are emerging outside of the king BTC. Altcoins are coming on strong… are you ready for the next move?
The ratio between Ethereum and Bitcoin (ETH/BTC), which measures the value of ETH in terms of BTC, has rebounded from levels not seen since 2020. This is usually a clear sign that investors are starting to move their capital from Bitcoin to altcoins, which is known as market rotation.
