Why Bitcoin Still Reigns Supreme Despite Signs of an Altcoin Season

The cryptocurrency market sees constant shifts in momentum, where Bitcoin often dominates the scene while altcoins hold their own. However, a recent analysis shows that we’re currently experiencing a period known as ‘Bitcoin Season.’ This is reflected in the Altcoin Season Index, which currently sits at 49, indicating less than 75% of top cryptocurrencies have outperformed Bitcoin over the past 90 days. But this doesn’t mean altcoins are stagnant – understanding these cycles and their implications for investors is key.