TREE NEWS reports: Glassnode’s Altcoin Cycle Signal printed a new altseason signal after a month of gains in both Bitcoin and altcoin market capitalizations. Bitcoin’s share of total crypto market value has stalled below 60%, the level the metric uses to flag rotation into altcoins. The signal follows a month in which both segments rose.
Glassnode Altcoin Cycle Signal Flashes Altseason as Bitcoin Market-Cap Share Stalls Below 60%
Related Coin Charts
AI take
The signal's significance lies in its timing: it triggered not after an altcoin-only rally, but after a month in which both segments gained. That suggests rotation dynamics rather than a zero-sum shift out of Bitcoin. The level to watch is Bitcoin's market-cap share around the 60% threshold; whether it stays stalled below that line, or reclaims it, is the open question for whether the rotation persists.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
51m ago
Huawei Says HarmonyOS PC Shipments Surpass 1 Million Units
53m ago
Weibo CEO Wang Gaofei Warns Entrepreneurs Against One-Way IP Promotion
1h ago
Li Auto Warns of Fake ‘Airbag Recall’ Scam Text Messages
1h ago
Chinese Chip Firms Including MetaX, CXMT Take LP Roles in VC Funds
5h ago
Binance to Resume Withdrawals for More Assets From 04:00 UTC Nov 5
6h ago
Hang Seng Tech Index Rises Over 5%, Iluvatar CoreX Jumps 10%, NetEase and Meituan Up 8%