Weekend Wrap: BTC Holds $90K, But Altcoin Season Remains MIA 📉
Bitcoin trading at $90,199 this Sunday morning, down just 0.16% over the past 24 hours. Total market cap sitting at $3.07 trillion. Not terrible, but not exciting either.
Here's what really matters—the altcoin season index just hit a cycle low of 16/100. That's basically Bitcoin dominating everything while alts bleed out. Memecoins got destroyed this year, down 59% YTD while the broader market only dropped 7%. The retail hype machine has been replaced by institutional flows and ETFs, which means slower, choppier price action.
Core DAO pumped 29.67% to become today's biggest gainer. Merlin Chain up 12.29% and claimed "coin of the day." Meanwhile, tokens like JUP, KAS, and QNT suffered double-digit weekly losses. The gap between winners and losers is getting wider.
The bigger picture? We're still in Bitcoin season. Until BTC breaks decisively above or below this $88K-$94K range, expect more sideways grinding. Implied volatility keeps dropping—traders are pricing in choppy year-end action, not fireworks.
If you're waiting for that explosive altcoin rally everyone talks about, you might be waiting until 2026. For now, it's a stock picker's market. Focus beats FOMO.
#Bitcoin #Crypto #Altcoin #MarketUpdate #Binance
