| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107338.9200000000 |
| ETH | $2435.7930000000 |
| BNB | $649.5099500000 |
| XRP | $2.1867250000 |
| ADA | $0.5621124000 |
| SOL | $150.1700000000 |
| DOGE | $N/A |
| DOT | $3.4037000000 |
| LTC | $86.4974000000 |
| LINK | $13.3616800000 |
Category: CRYPTO NEWS
The post Altcoin Season Odds Grow Strong As Alts Break Free From Bitcoin’s Shadow appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure With Bitcoin’s remarkable dominance of the crypto market, speculations were whether an Altcoin Season (Altseason) could occur in the ongoing bull cycle. However, recent developments are pointing to a possible altseason, which crypto experts believe could be one of the biggest phases for alts so far. Bitcoin Correlations With Altcoins Weakens As current market trends fluctuate, key indicators are starting to point to a potential shift from a Bitcoin season to an Altcoin Season. João Wedson, an on-chain expert and founder of the analytics platform Alphractal, shed light on the likelihood of an altseason, claiming it is happening this cycle. After delving into the Altcoin Season Index vs Bitcoin, the on-chain expert noted that the cryptocurrency market may be on the cusp of a major shift. Presently, the market is about to reach a point where a large number of altcoins will no longer follow Bitcoin’s trajectory as often observed in past cycles. According to Wedson, these digital assets are now charting their own path, stating they’ve become stubborn, suggesting a unique season for alts. This increasing decoupling from Bitcoin’s price trajectory has sparked new conjecture that an altseason, which is traditionally characterized by notable gains in non-BTC assets, may be rapidly approaching. Altseason taking shape | Source: João Wedson on X The expert stated that while BTC is at all-time highs, most altcoins have limited room to fall, with the exception of a few of the top market-cap coins. Such a development usually marks the beginning of a phase in which capital begins to flow into non-BTC assets. Considering the current trend, the expert is confident that an altseason at this point is inevitable. When the season finally occurs, it is expected to run quickly, and…
2025-05-31T03:38:06+00:00