Bitcoin is the frontrunner in the crypto market, while 36% of altcoins trade near their all-time lows. Do altcoin price metrics suggest an altseason is next?
Bitcoin price taps $71,000, with liquidity thin above the spot price and heavy clusters below, setting up a potential sweep of the highs before another dip.
Ethereum has failed to remain deflationary since the switch to Proof-of-Stake, as ETH's price has disappointed Ether investors, particularly against Bitcoin.