the data speaks of short-lived peaks
The post the data speaks of short-lived peaks appeared on BitcoinEthereumNews.com.
In the last year, it seems that a true “altcoin season” has not yet occurred, which is that market trend where cryptos perform better than Bitcoin (BTC). Some analysts therefore speak of an elusive altcoin season, given that the data indicates short-lived peaks. Here’s what’s happening in the crypto market. Elusive Altcoin Season: cryptos register short-lived peaks According to reports from Blockchain Center, it seems that in the last year there has been an elusive altcoin season with short-lived peaks. Specifically, the altcoin season should be a period in which 75% of the top 50 altcoins perform better than Bitcoin (BTC) over a 90-day timeframe. Generally, these are the 2-3 months following a Bitcoin (BTC) price rally, during which altcoins surpass BTC in cumulative returns. “`html In this regard, Blockchain Center has created its own Altseason Index which, in the last year, recorded bull runs in January 2024, then in March 2024 and again in December 2024. However, these peaks were of such short duration that none can truly be called a “season”. “` Chart of the Altseason Index by Blockchain Center This pattern is very different from what happened in the past. In fact, the altcoin season occurred in the 2015-2018 and 2019-2022 cycles, while for the current 2023-2025 cycle it seems to be not yet clear. “`html Altcoin Season: the different trends of the crypto market “` Another aspect to consider when talking about altcoin season is that it refers to all the cryptos that are not Bitcoin (BTC) but are also among themselves of different categories. This means that with the word “altcoin”, today, the native coins of the blockchain, governance tokens, stablecoins, memecoins, DApp tokens, and real-world asset (RWA) protocol tokens are grouped together, each with distinct functions and investor profiles. Compared to when this word…
Filed under: News - @ March 26, 2025 11:26 am