Bitcoin Season Takes Hold: Altcoins Lag in Favor of Dominant Crypto

The cryptocurrency market demonstrates a clear shift as Bitcoin’s dominance continues to strengthen. The Altcoin Season Index, tracked by CoinMarketCap (CMC), reveals that we are currently experiencing what many call ‘Bitcoin Season,’ with altcoins lagging behind. This phenomenon is driven by the continued growth of DeFi applications and increasing investments from institutions, according to analysts.