Just noticed: CoinMarketCap's Altcoin Season Index is at 23 – which means Bitcoin is currently dominating significantly. The index measures how many of the top 100 cryptocurrencies have been beaten by Bitcoin in the last 90 days, and right now, it's only 23%. That's clearly a Bitcoin phase.



When this index falls below 25, we call it a Bitcoin season. Anything above 75 would indicate an altcoin season – which we last saw in early 2021. The current value clearly shows where the strength is flowing: into Bitcoin. The strength probably comes from regulatory progress and all the Bitcoin spot ETFs that are pumping in massive capital.

I'm keeping an eye on the Altcoin Season Index – as soon as the picture changes and more altcoins beat Bitcoin, that could be a signal for a shift. For now, though: Bitcoin is running, and most altcoins are lagging behind. Those betting on altcoins should be patient or watch carefully when the momentum shifts.
BTC0,14%
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