Altseason index reaches its peak for the year: Insights from traders
Social Media Buzz Heats Up for Altseason The excitement around cryptocurrency’s Altseason has surged this week, with Altcoin Market metrics hitting their highest levels of the year. Both Blockchain Center and Coinglass have reported noteworthy scores—76 out of 100 on the Altseason index, while Coinmarketcap’s indicator shows a slightly lower score of 67. Nevertheless, all […]
The next phase of Altseason relies on China’s stimulus and how investors react to recession concerns.
Key Insights on Economic Developments China’s central bank stimulus might shift liquidity toward cryptocurrency markets. Rising US Treasury yields suggest reduced risk aversion, potentially aiding Altcoin market recovery. Central banks often boost economic growth by cutting interest rates, creating favorable funding conditions, and effectively increasing the money supply. This strategy tends to favor risk assets […]
Increase in Bitcoin Whale Exchange Transfers as Capital Shift Starts – Possible Sign of New Altseason?
Bitcoin Market Update Recently, the Bitcoin (BTC) market reached an impressive all-time high of $123,091 on July 14th. However, since hitting this peak, there’s been a slight dip in Bitcoin’s value. Curiously, this downturn seems to contrast with significant gains in the Altcoin market, where several large tokens are reporting notable profits. On July 18th, […]
Ethereum chart indicates ‘altseason’ as analysts forecast $10K ETH price peak.
Key points: Ether’s technical patterns indicate that ETH prices might hit $10,000 during this cycle. The Altcoin Season Index suggests now is a great time to invest in “delayed” Altcoins. Bitcoin dominance is nearing 70%, which could spark a full Altcoin season. Recent technical analysis shows that Ether (ETH) may be setting up for a […]
When the ‘True Altseason’ is Expected to Start, According to a Well-Known Crypto Analyst
Crypto Analyst Predicts Altcoin Surge If Bitcoin Metrics Shift A well-known crypto analyst suggests that a reversal in key Bitcoin (BTC) metrics might lead to a significant rally for Altcoins. Crypto trader Rekt Capital informs his 549,600 followers on social media that Bitcoin Dominance (BTC.D) appears to be entering a bearish phase after reaching a […]
Analyst Cautions That Bitcoin’s Strength Might Dampen Hopes for Altseason
Bitcoin Market Insights X’s analysts have noted that the Bitcoin market remains quite solid, making it difficult for Altcoins to gain traction immediately. Bitcoin’s price hovered around $104,000 after a modest increase of 0.4%. It did dip to about $103,000 briefly, but buyers stepped in swiftly. This surge brought the price back up to the […]
Has altseason finished? XRP ETF applications flood in, and more: Hodler’s Digest, Feb. 2 – 8 – Cointelegraph
Top stories of this week The SEC is looking for more time to reflect on Ethereum ETF options US regulators need more time to decide whether to allow trading options tied to Ether Exchange-Traded Funds (ETFs), according to a regulator's filing on February 7. He said that. Submit This was the response to a request […]
Bitcoin dominance hints at ‘altseason,’ analysts eye XRP price rally into 2025 – Cointelegraph
Bitcoin's dominance sends an important signal for altcoin investors, with the smaller cryptocurrency likely to rally during December and attract more investment heading into January 20th. Bitcoin (BTC) dominance, which measures Bitcoin as a percentage of the total crypto market, has fallen to 56.1%, below its two-year support line, indicating the market is “officially entering […]
Massive Altseason on the Horizon As Altcoins Gear Up for 2017-Style Expansion, According to Analyst – The Daily Hodl
The analyst, who continues to gain popularity for his timely predictions on the cryptocurrency market, believes the stage is set for altcoins to surge. The anonymous analyst, TechDev, told his 461,900 followers on social media platform “X” that he was looking at a two-week chart of “OTHERS,” which tracks the market capitalization of all cryptocurrencies […]