Altcoins are set for one last big rally, but just a few will benefit — Analyst

Q: How long will it take to read this news story?

The story "Altcoins are set for one last big rally, but just a few will benefit — Analyst" has 576 words across 21 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Altcoins are set for one last big rally, but just a few will benefit — Analyst" was covered 1 days ago by Coin Telegraph, a news publisher based in United States.

Q: How trustworthy is 'Coin Telegraph' news outlet?

Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United States and publishes an average of 47 news stories per day. It's most recent story was published 7 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27576871</li><li>URL: https://beamstart.com/news/altcoins-are-set-for-one-17437415464993</li></ul>

Coin Telegraph 1d ago

Altcoins are set for one last big rally, but just a few will benefit — Analyst - Coin Telegraph

Quick Summary:

Coutts said traders should watch where the network activity “is gravitating” and use that as their “north star” for how to trade in crypto, adding he sees an altcoin market upswing within the next two months. “I’m expecting by June to see altcoins really start to pick up again.

Experts reveal what's holding back altcoinsCoinMarketCap’s Altcoin Season Index, which measures the top 100 cryptocurrencies against Bitcoin’s performance over the past 90 days, is reading a score of 14 out of 100, leaning toward a more Bitcoin-dominated market, referring to it as “Bitcoin Season.”The Altcoin Season Index Chart is sitting at 14 at the time of publication.

Source: CoinMarketCapBlockchain network activity across the board has recently experienced sharp declines amid a broader crypto market downturn.On Feb.21, Cointelegraph reported that the number of active addresses on the Solana (SOL) network fell to a weekly average of 9.5 million in February, down nearly 40% from the 15.6 million active addresses in November 2024.