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#CoinMarketCap Altcoin Season Index

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Altcoins Are Breaking Out — So Why Isn’t It an Altseason Yet?
Coins

Altcoins Are Breaking Out — So Why Isn’t It an Altseason Yet?

Key Highlights Altcoin market capitalization outside the top 10 broke a two-year downtrend, surging over 10% this week from approximately $199 billion to near $220 billion. Bitcoin dominance is forming a bearish descending triangle on weekly charts, which analysts suggest could trigger capital rotation from Bitcoin into altcoins if it breaks down. Despite the breakout, ...