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This Signal Has Flipped to Altcoin Season as Crypto Rally Spreads Beyond Bitcoin

• Glassnode's Altcoin Cycle Signal has shifted to altcoin season, indicating broader market participation after an August rally primarily driven by Bitcoin.
• Bitcoin's price surpassed $87,000, with significant gains for altcoins like ETH, BNB, and XRP, contributing to a total market cap increase to over $3 trillion.
• Analysts express mixed opinions on the sustainability of the rally, with some predicting potential pullbacks while others foresee continued upward momentum.

https://cryptopotato.com/this-signal-has-flipped-to-altcoin-season-as-crypto-rally-spreads-beyond-bitcoin/
CryptoPotato This Signal Has Flipped to Altcoin Season as Crypto Rally Spreads Beyond Bitcoin Glassnode's indicator compares BTC with a market-cap-weighted basket of 250 altcoins, excluding stablecoins, to track relative performance.
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