The crypto market is showing signs of an impending shift as the Altcoin Season Index (ASI) rises to 61. This index measures the performance of altcoins against Bitcoin, and a value above 75 typically denotes a full-blown altseason.
Bitcoin recently attempted to break the $100,000 mark but settled back to the $90,000+ zone. Despite this pullback, there's optimism in the market for another attempt at reaching six figures.
As market participants keep an eye on the ASI, altcoins may soon capture more attention, potentially making the upcoming Thanksgiving a significant time for crypto enthusiasts.
Sumber: cryptodaily.co.uk ↗