Introduction
Altcoin season refers to a period in the cryptocurrency market where the prices of alternative cryptocurrencies, or altcoins, experience significant growth and outperform Bitcoin. Altcoins are any cryptocurrencies other than Bitcoin and are often seen as more speculative due to their lower market capitalization and higher volatility. Altcoin seasons are characterized by a surge in trading volume and investor interest in these alternative digital assets. Understanding the driving forces behind altcoin seasons is crucial for investors looking to navigate this exciting yet unpredictable market. In addition, you can find an investment education company to start your learning journey if you read more here.
Historical Trends
Historical data reveals that altcoin seasons often occur during bull markets when the overall sentiment in the cryptocurrency market is positive. During these periods, investors are more willing to take risks and explore alternative investment…
Source: Punch Newspaper
