Altcoins Struggle: Delayed ‘Altseason’ Likely Months Away

Current crypto market data reveals a stark contrast between Bitcoin and altcoins. Major and mid-sized crypto projects are experiencing unprecedented underperformance, indicating a delayed start to the anticipated ‘altseason’. This follows a pattern seen historically where the dominance of Bitcoin often triggers investors to shift their portfolios towards alternative coins. However, recent cycles have highlighted that Bitcoin’s upward momentum is leading many altcoins to lack significant traction or growth.