Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Is altcoin season over? The Glassnode co-founder warned Alt that it risks being left behind after last week’s revisions.
ALTCOIN NEWS

Is altcoin season over? The Glassnode co-founder warned Alt that it risks being left behind after last week’s revisions.

By Crypto FlexsDecember 23, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Is altcoin season over? The Glassnode co-founder warned Alt that it risks being left behind after last week’s revisions.
Share
Facebook Twitter LinkedIn Pinterest Email

The founders of cryptocurrency analytics firm Glassnode have warned that altcoins could lose all bullish momentum after last week’s market correction.

Jan Happel and Yann Allemann, who go by the name Negentropic on social media platform Last 7 days.

According to the Glassnode co-founder, unless Bitcoin recovers a key psychological price point, traders and investors are likely to take a risk-averse approach to altcoins.

“Is this the end of altcoin season?

Bitcoin dominance is surging after falling below $100,000, with the altcoin losing important support. The BTC environment has become stronger as dominance has risen and the upward trend has resumed.

Once BTC stabilizes above $100,00, we could see altcoins pumping out of their current accumulation zone. Until then, Bitcoin will likely lead and altcoins will lag behind.”

Source: Negentropy/X

The Bitcoin Dominance (BTC.D) chart tracks how much of the overall cryptocurrency market capitalization belongs to BTC. In current market conditions, the surge in BTC.D suggests that altcoins are losing value faster than Bitcoin.

As of this writing, BTC.D remains at 59%.

Looking at Bitcoin itself, Glassnode executives say long-term Bitcoin holders are dumping their holdings in large quantities as other groups of investors pick up the slack.

“The board of directors is constantly changing.

During this downturn, as BTC continues to flow out of exchanges, long-term holders are forced out, and short-term holders are jumping in without hesitation.

Whales have been accumulating quietly, miners have remained neutral, and the pressure to sell has only resulted in a board shakeup.

New hands are absorbing sales.”

video
Source: Negentropy/X

As of this writing, Bitcoin is worth $97,246.

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us XFacebook, Telegram

Daily Hodl Mix Surfing

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created: DALLE3

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025
Add A Comment

Comments are closed.

Recent Posts

Psy Protocol Testnet Combines Internet Scale And Speed With Bitcoin-Level Security

October 2, 2025

Eightco Holdings Inc. ($ORBS) Expands Investor Access With Options Trading

October 2, 2025

How To Use A Bitcoin Heatmap For Smarter Trading Decisions

October 2, 2025

Pioneer the future of digital innovation throughout Web2 and Web3

October 2, 2025

Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life

October 2, 2025

Ethereum Future is an execution of stablecoins and tokenized assets -then you need to know:

October 2, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

Korean Billion-Dollar Megafranchise Goes Onchain With Story

October 1, 2025

After Hyperliquid And Aster, The Next Major DEX Powering The Sui Blockchain – SuiDEX

October 1, 2025

SimpleFX Relaunches First Deposit Bonus

October 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Psy Protocol Testnet Combines Internet Scale And Speed With Bitcoin-Level Security

October 2, 2025

Eightco Holdings Inc. ($ORBS) Expands Investor Access With Options Trading

October 2, 2025

How To Use A Bitcoin Heatmap For Smarter Trading Decisions

October 2, 2025
Most Popular

Role of AI in encryption fraud: increasing concern about the industry

May 28, 2025

Why are Dogecoin and Shiba Inu prices rebounding today?

June 5, 2024

🔥 Altcoin Investors: Weekly Crypto Report: RITE +1,877%

January 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.