According to the Altcoin Season Index from blockchaincenter.net, an indicator signaling the arrival of the so-called ‘altcoin season,’ the time has indeed come for altcoins. This metric essentially demonstrates that 75% of the leading 50 altcoins have outperformed bitcoin in the past 90 days. Altcoins Ascend as Index Points to Season’s Entry In early December […]
Over the past year, bitcoin surged by 153%, with numerous other digital currencies also seeing substantial increases. Yet, assessing the top cryptocurrencies in relation to bitcoin’s performance, the annual shifts present a distinctly varied perspective. 2023 Sees Altcoins Lag Behind Bitcoin’s Rally Despite Overall Market Boom The landscape of top cryptocurrencies has evolved significantly since […]
Bitcoin saw a modest increase of 1.8% in the past 24 hours as of Dec. 9, 2023. Meanwhile, more than 17 crypto assets experienced much larger gains, ranging from 7% to over 35% in the same timeframe. Despite this rise in various altcoins against the U.S. dollar, current trends have yet to signal the start […]
Seasoned crypto investors continue scooping up bitcoin (BTC) at a rate of 50,000 coins per month valued at $ 1.35 billion, according to blockchain analytics firm Glassnode’s latest onchain report. This supply tightening comes as the broader digital asset market remains “exceptionally dormant” both onchain and across exchanges. Long-Term Bitcoin ‘Hodlers’ Tighten Grip …