Glassnode’s Altcoin Cycle Signal has issued a new altseason reading after Bitcoin and altcoin market capitalizations both gained over the past month, according to Cointelegraph. The signal comes as Bitcoin’s share of the total cryptocurrency market remains below 60%. The metric tracks market-cap trends to identify periods when altcoins may be showing stronger relative momentum than Bitcoin. Its latest reading marks a shift in the indicator after the recent gains across both segments of the crypto market. The development is relevant to Bitcoin and a broad range of alternative cryptocurrencies, including Litecoin, AltLayer, Ark, and other assets tracked by the market. The signal itself describes current market conditions and does not establish how individual tokens will perform. Bitcoin’s market-cap share and the Altcoin Cycle Signal remain key indicators for monitoring the balance between BTC and the wider altcoin market.
