Eight altcoins are trouncing Bitcoin’s returns over the past month, sparking talk of a long-awaited altcoin season. But a closer look at the weekly numbers and a key market index tells a very different story.
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Over the last 30 days, eight altcoins have seen returns at least three times greater than Bitcoin (CRYPTO:BTC). This impressive performance has led traders to wonder if we are entering an altcoin season. Leading the charge is NEAR Protocol (CRYPTO:NEAR), which has surged 121%, far outpacing Bitcoin’s 6.4% gain over the same period.
The other seven coins making waves are Sui (CRYPTO:SUI),…
