While Bitcoin (BTC) is experiencing a shift in focus away from its traditional correlation with the US equities market, altcoins like Ethereum (ETH) and Cardano (ADA) are demonstrating significant gains. Notably, analysts have noted that these tokens’ performance has been driving the recent surge in the Altcoin season index, which currently sits at 14/100. However, this resurgence of activity is occurring despite a relatively low Altseason Index. Recent reports indicating that US President Donald Trump does not intend to replace Federal Reserve Chair Jerome Powell have also contributed to the positive market sentiment and increased investor confidence in the broader cryptocurrency ecosystem.