Altcoins Outperform Bitcoin in Recent Surge, Fueling Altseason Expectations

The cryptocurrency market is experiencing a resurgence after last week’s decline, with traders and investors expressing optimism for the upcoming altcoin season. João Wedson, founder of Alphractal and author at CryptoQuant, a crypto analytics firm, underscores this sentiment, noting that a number of alternative cryptocurrencies are outperforming Bitcoin in recent trading activity. 47 out of 56 altcoins have seen gains exceeding Bitcoin’s performance over the past 900 minutes. This trend suggests an impending price rally within the broader altcoin market.