Bitcoin returns to $60K as AI tokens surge, sparking talks of a potential altcoin rally in the crypto week ahead.
Bitcoin’s return to $60,000 and surging AI tokens like ICP, FET, and INJ spark discussions of a potential altcoin rally.Despite gains in select altcoins, the altcoin season index remains at 33%, suggesting a full-scale altcoin rally is unlikely in the immediate future.
If these tokens maintain their current momentum, we could see further increases in market capitalization in the crypto week ahead. Data from Blockchain Center indicates that the current altcoin season index is at 33%. For an altcoin season to be declared, 75% of the top 50 coins need to outperform Bitcoin over the last 90 days.As of press time, only about 16 tokens have shown positive trends in the past 90 days, including those mentioned above.
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