Waiting for Altseason: What’s Holding Back Altcoins?
The world of cryptocurrency is buzzing with excitement for the next “altseason.” But what is it, and why hasn’t it happened yet? Let’s find out!
What is Altseason?
Altseason is like a party in the cryptocurrency world where altcoins (coins other than Bitcoin) suddenly become super popular, and their prices skyrocket![3]
Why hasn’t Altseason started yet?
Bitcoin is still the king of cryptocurrencies, and its dominance is a big roadblock for altseason. Let’s see why.
Bitcoin’s Strong Presence
Bitcoin’s dominance in the market is super high, almost 60%![1] For altseason to begin, this number needs to drop below 50%.[1] This means more people should be interested in altcoins instead of Bitcoin.
Ethereum and the ETH/BTC Ratio
Another important thing to watch is the ETH/BTC price. When this number goes up, it usually means altseason is coming.[1] But right now, it’s quite low, around $0.28.[1]
What do experts say?
Some experts like Ki Young Ju think we might have a “selective alt season” in 2025.[5] This means only strong altcoins with good reasons behind them (like ETFs or sustainable projects) will do well.[5]
ETFs and Sustainable Projects
ETFs (exchange-traded funds) can bring in more money from big investors, helping altcoins grow.[3][5] And projects that keep people interested and have a strong community are more likely to succeed.[5]
Market Volatility and Rules
Changes in the market and rules can also affect when altseason happens.[3] Things like the “Trump Effect” and changes in interest rates can influence what happens in the cryptocurrency world.[2][3]
So, when will Altseason arrive?
We don’t know for sure, but we’re keeping an eye on Bitcoin’s dominance, the ETH/BTC ratio, and what experts say. Maybe 2025 will be the year of altseason![5]
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Sources:
– cryptonews.com
– namecoinnews.com
– tangem.com
– thecryptobasic.com