Key Takeaways
The fall in Bitcoin Dominance promised an altcoin season, but the Crypto Fear and Greed Index was still neutral. This meant that market-wide rallies will need time to establish themselves.
The crypto market witnessed altcoins making increased gains compared to Bitcoin [BTC] in recent weeks. This is a routine development when Bitcoin consolidates and altcoins catch up during a bullish market phase.
Source: Blockchain Center
However, this routine scenario does not last more than a few days, which is why a proper altcoin season is rare.
The last time we saw one was toward the end of 2024, as the altcoin index demonstrates. At press time, the index reading was at 61, the highest it has been in 2025.
According to the index above, an altcoin season is in place when 75% of the top 50 coins by market cap perform better than Bitcoin over 90 days.
Crypto Fear and Greed Index highlights neutral sentiment
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Author: Akashnath S
