Ki Young Ju, CEO of CrypotQuant, argues that the altcoin season is now primarily driven by stablecoin liquidity rather than Bitcoin asset rotation. Unlike traditional alt seasons influenced by Bitcoin trading pairs, the current surge in altcoin trading volume is fueled by stablecoin and fiat pairs. Altseason no longer relies on asset rotation from Bitcoin, but on real market growth driven by stablecoin liquidity. Altcoin season, characterized by alternative coins outperforming Bitcoin in price appreciation, sees significant price rallies and high volatility, creating excitement and unpredictability for traders. Investors flock to altcoins during these seasons, causing money to flow out of Bitcoin. The altcoin season index currently stands at 73, indicating that only 73% of the top 50 cryptocurrencies have outperformed Bitcoin in the last 90 days. Monitoring Bitcoin dominance and stablecoin liquidity is crucial for identifying opportunities in the upcoming altcoin season. Read more AI-generated news on: https://app.chaingpt.org/news

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