Cryptocurrency analytics firm Alphractal has suggested that an altcoin season may be starting, as many altcoins have been outperforming Bitcoin in recent times. The company looked at data from the Altcoin Seasonality Index, which measures whether altcoins are outperforming or underperforming Bitcoin. It found that the index has broken out of the lower region, indicating that altcoins may be poised to outperform Bitcoin in terms of price. Alphractal also noted that altcoins have been outperforming Bitcoin on a shorter-term scale, even in scenarios where Bitcoin is bullish or bearish, which could potentially challenge Bitcoin's dominance.



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