Is ‘Altcoin Season’ Ready to Launch? | Presented by CME Group
Bloomberg Television·2025-08-06 15:07
We have the cryptocurrency market has picked up serious momentum in recent weeks. On July 22nd, the total market cap hit a record high of 3.94% trillion and the altcoin market has surged 15% in just the past week. But what's behind the move and what is altcoin season.The idea of an altcoin season first appeared in 2017 during the first big crypto boom when coins like Ethereum, Ripple, and Litecoin skyrocketed while Bitcoin's growth slowed down. An altcoin season is officially recognized when over 75% of the ...