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10 May 2021

Bitcoin Dominance Dives To Lowest In Years, Altcoin Season Is Finally Here

Bitcoin Dominance Dives To Lowest In Years, Altcoin Season Is Finally Here


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Could this be the official start of altcoin season before the market cycle starts all over again.

It has been more than 1000 days that have passed since the last time BTC dominance was below the 50% level, signaling that altcoins had taken over the crypto market.

Altcoins capturing much more dominance this time around makes sense, as there are easily several more times the coins that have appeared since, and each market cap individually is ballooning.

During the 2017 bull run, there were two distinct altcoin seasons, with only one ending the historic crypto market cycle.

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