Glassnode Says Altcoin Season Is Finally Here as Bitcoin Loses Dominance

Glassnode's Altcoin Cycle Signal has flipped from Bitcoin season to altcoin season, indicating a market shift. The change follows a Bitcoin-led rally in August that failed to lift most altcoins, but now gains are spreading across altcoins rather than concentrating in Bitcoin. This suggests a broadening rally and potential altcoin outperformance.