
Glassnode: Altcoin season signal flips from Bitcoin to altcoins
- —Glassnode's altcoin cycle signal flipped from Bitcoin season to altcoin season
- —In August altcoins lagged BTC's rally; now they are rising alongside the market
- —Analysts see buying demand broadening beyond Bitcoin
Why it matters: Capital rotation into altcoins could extend the broader market rally, though such signals have historically come with elevated volatility.
Source: Bloomingbit