Crypto hesitates between an Altseason and a Bitcoin bullrun
Last Updated on 20 February 2025 by CryptoTips.eu
Whenever a period of uncertainty arises for digital coins, it is always a good idea to check whether we’re in an altcoin season or a bitcoin season. Right now it seems to be 50/50, so unsure of which direction we’re headed into.
Stablecoins
Altcoin season is the period when altcoins traditionally outperform Bitcoin in terms of price growth. The official definition is that three-quarters of 50 of the largest altcoins (excluding stablecoins of course) outperform Bitcoin over the last three months. Right now the scoreline lies exactly in the middle, so we are either at the beginning of a bull run or at the beginning of a decline. Investors are at a loss for now.
#Bitcoin still consolidating. Lower boundaries = entry zone. #Ethereum starts to outperform and pace momentum.
— Michaël van de Poppe (@CryptoMichNL) February 19, 2025
Last night, during the drop, $ETH started to move upwards against Bitcoin.
It's a pretty good sign, something I've not seen for years. pic.twitter.com/GGDVApv7HQ
Inflation
Even though we are only in month two of Trump’s new presidency, the fear for a new inflation jump is still alive and well. The market seems a tad stressed and every small negative message seems to cause a minor decline for Bitcoin and the other major digital currencies (after which we normally recuperate and go back up).
Bitcoin has been fluctuating in the fairly wide trading band between 90,000 and the all-time high of 108,000 all year, without any clear breakout either to the bottom or the top. If global stock markets would be confronted with bad macroeconomic news, they will probably start to fall rather than rise. Be careful out there.