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Altcoin Season
Crypto majors stuck in tight range as altcoin rotation picks up steam
CoinDesk·22d ago·bullish
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Bitcoin holds between $76,000 and $78,000 while AI tokens and HYPE surge; derivatives signal calm conditions with volatility selling dominating options markets.
Crypto majors bitcoin BTC $77,341.59 and ether (ETH) head into the weekend having been confined to a tight trading range over the past four days, with BTC being trapped between $76,100 and $78,000. … [+3417 chars]
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Published
May 22, 2026, 10:23 AM
Author
Oliver Knight, Omkar Godbole
Source
CoinDesk
Frequently asked · Altcoin Season
What is an altcoin?
An altcoin is any cryptocurrency other than Bitcoin, as Bitcoin was the first to capture global attention.
How is the Altcoin Season Index calculated?
The index compares the 90-day price performance of the top 100 cryptocurrencies, excluding stablecoins and asset-backed wrapped tokens, against Bitcoin.
What happens during an altcoin season?
During this period, altcoins typically experience rapid price appreciation, increased market dominance, and higher trading volumes, often driven by market optimism and FOMO.