Altcoin season nears as non-Bitcoin cryptos outperform BTC

In the last 90 days, 15 of the top 50 non-Bitcoin cryptocurrencies outperformed BTC, raising hopes for an upcoming altcoin season. According to BeInCrypto, the Altcoin Season Index climbed to 31, inching closer to the threshold of 75% needed for a full altcoin season. Despite Bitcoin’s recent dominance at 60.61%, driven by its record price high, market indicators like the TOTAL2 index show a potential breakout that could boost altcoin performance if sustained.