Will altcoins mirror 2021 rally as google searches hit 5-year high?
Main Idea
Google searches for 'altcoins' hit a five-year high, signaling increased retail interest, while market data suggests a potential altcoin season similar to 2017 and 2021 patterns.
Key Points
1. Google Trends data shows global searches for 'altcoins' reached a five-year high, indicating rising retail interest.
2. The total altcoin market cap touched a three-month high of $1.67 trillion, with Bitcoin dominance dropping from 65% to 59% in two months.
3. The Altcoin Season Index climbed to 39, up from 34 yesterday and 29 a month ago, suggesting a potential breakout.
4. Altcoins, including Ethereum and memecoins, have outperformed Bitcoin over the past 90 days, with ETH surging 81% compared to BTC's 17%.
5. Market patterns resemble those of 2017 and 2021, with analysts speculating a possible altcoin season if the total altcoin market cap sustains above December highs.
Description
Could 2025 mark the explosive start of a full Altseason?
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