Is Bitcoin still the king of crypto? The latest Altcoin Season Index reading of 18 confirms that Bitcoin Season is in full swing. Here’s what this means for traders and investors.
What is the Altcoin Season Index?
The Altcoin Season Index, tracked by CoinMarketCap, measures whether altcoins are outperforming Bitcoin. Key details:
- Excludes stablecoins and wrapped tokens
- Compares top 100 coins over 90 days
- Scores range from 1 (full Bitcoin dominance) to 100 (altcoin season)
Why Bitcoin Season Matters Now
With the index at 18, we’re seeing:
- Less than 25% of top altcoins beating Bitcoin’s performance
- Increased investor focus on Bitcoin’s stability
- Potential delayed altcoin rallies
How to Navigate Bitcoin Season
For crypto investors:
- Monitor the index weekly for trend changes
- Consider Bitcoin-heavy portfolios during this phase
- Watch for altcoins showing unusual strength
When Will Altcoin Season Return?
Historically, altcoin seasons follow Bitcoin dominance periods. Watch for:
- Index crossing 75 threshold
- Increased altcoin trading volume
- New project launches gaining traction
FAQs
Q: How often is the Altcoin Season Index updated?
A: The index updates daily, tracking 90-day performance windows.
Q: Should I sell all altcoins during Bitcoin Season?
A: Not necessarily. Some altcoins may still outperform – research is key.
Q: How long do Bitcoin Seasons typically last?
A: They vary, but often several months before altcoins regain momentum.
Q: Where can I track the Altcoin Season Index?
A: CoinMarketCap and other crypto data platforms provide updates.
