What is the Altcoin season?
Altseason or Altcoin season is a period in which alternative coins perform better than Bitcoin. During an Altseason, Bitcoin's dominance (its market share) decreases, while Altcoins, especially the major ones, increase in value.
Bitcoin dominance refers to the proportion of Bitcoin in the total cryptocurrency market. For example, if Bitcoin's dominance is 42%, that means 58% of the total value of the cryptocurrency market corresponds to Altcoins.
The term "Altseason" was originally coined to help explain the ups and downs of the cryptocurrency market.
