Today news
About the same in other media
24.11 - 20:21
An altseason incoming or will another Bitcoin ATH come into play
Reading now: 906
Bitcoin is the king coin. As is often the case, its subjects (altcoins) are usually dependent on its own decisions (price movements).
However, over the last 3 months, these altcoins have been gathering some momentum of their own.
The altcoin season or altseason is calculated on the basis of the performance of the top-50 altcoins over the last 90 days (excluding stablecoins and asset-backed tokens). When simply looking at the top-50 list, it might seem that we are in the altcoin season already.
Except, it isn’t here yet.
While many altcoins hit new all-time highs over the last 30 days, the cryptos that rose only account for 63% of the top-50 altcoins. An altseason can be considered “arrived” when the threshold of 75% is crossed, something we
Read more on ambcrypto.comAbout this in other media
El Salvador: Adopting ‘junk-grade’ Bitcoin bond will have these repercussions ambcrypto.com /3 years ago
El Salvador plans first 'Bitcoin City', backed by bitcoin bonds economictimes.indiatimes.com /3 years ago
Jerome Powell Will Face an Utterly Different Economy in a Second Term wsj.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
