The post Bitcoin Season May Continue as Altcoin Season Index Signals Market Shift appeared on BitcoinEthereumNews.com.

The cryptocurrency market is currently dominated by Bitcoin, as evidenced by the latest Altcoin Season Index signaling a clear Bitcoin Season. This index, tracking the performance of the top 100 cryptocurrencies over 90 days, reveals that altcoins are underperforming Bitcoin, influencing investor strategies. According to COINOTAG, the Altcoin Season Index reading of 24 as of June 17, 2024, confirms Bitcoin’s prevailing dominance in market capital flows and sentiment. Bitcoin Season dominates the crypto market with the Altcoin Season Index at 24, highlighting Bitcoin’s outperformance over altcoins and shifting investor focus. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); The Altcoin Season Index, a critical metric for crypto investors, currently indicates a strong Bitcoin Season, with a reading of 24 as of mid-June 2024. This score reflects that only a small fraction of the top 100 altcoins have outperformed Bitcoin over the past 90 days. The index excludes stablecoins and wrapped tokens, focusing purely on market-driven price action. This data underscores a significant shift in capital allocation, where Bitcoin is favored as the primary asset amid market consolidation and cautious investor sentiment. The index’s low reading suggests that Bitcoin’s relative strength is attracting more investment, while altcoins face selling pressure or stagnation. Bitcoin Season typically emerges during periods of market uncertainty or after significant price movements when investors seek the relative safety of Bitcoin’s established network and liquidity. Institutional investors…

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Filed under: News - @ June 17, 2025 7:18 am