Altcoin Season (Altseason)

A market phase where altcoins broadly outperform Bitcoin, visible as falling BTC dominance during a rally.

Altcoin season, or altseason, is the stretch of a crypto cycle where money rotates out of Bitcoin into altcoins and most alts outperform BTC for weeks. The cleanest tell is Bitcoin dominance falling while total market cap rises: the market is growing and BTC is getting a smaller share of it. Classic sequencing is BTC rallies first, then ETH and majors, then mid-caps and memecoins as risk appetite peaks. The reverse, dominance rising in a selloff, means alts are bleeding harder than Bitcoin. We track the live dominance value and stablecoin flows on our indices page.

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Other terms

Quantum-Exposed Bitcoin Supply
Bitcoin held in outputs whose public key is already visible on-chain, so a large...
P2PK (Pay-to-Public-Key)
The original Bitcoin output script that pays directly to a public key; most of i...
BIP-360 (P2MR)
A Bitcoin Improvement Proposal for a Merkle-root output type that never puts a p...
Q-Day
Shorthand for the day a quantum computer can break today's public-key cryptograp...
Post-Quantum Cryptography (PQC)
Signature and key-exchange schemes designed to resist quantum computers; NIST fi...
Funding Rate
Periodic payment between perpetual futures longs and shorts that keeps the contr...

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