Altcoin Season Could Arrive Sooner Than Traders Anticipate, Expert Says

Peter Anthony, founder of The House of Crypto trading education platform, said at TOKEN2049 Singapore that an altcoin rally could arrive sooner than traders expect, citing a possible link between Bitcoin dominance and the US ISM Manufacturing Index. The index rose to 55.5 in October from 54.5 in September and showed a tenth consecutive month of expansion; Anthony views 58 as a potentially important level. He described the relationship as a historical observation rather than a proven trading signal. Bitcoin was below $80,000, and the Altcoin Season Index remained below the level associated with a broad rally.