Google searches for 'altcoins' have hit a five-year high, aligning with a recent market rebound driven by new U.S. CPI data. The cryptocurrency market rose 2.31% in the last 24 hours, pushing the total market cap to $4.11 trillion. Bitcoin has reclaimed the $120,000 level, while altcoins have seen increased interest due to capital rotation.
The Altcoin Season Index has climbed to 39, approaching the breakout zone that typically signals a full Altseason. Ethereum has surged 81% over the past 90 days, significantly outpacing Bitcoin's 17% gain. The total altcoin market cap has reached a three-month high of $1.67 trillion, indicating a potential early stage of a rally reminiscent of the 2017 and 2021 altcoin seasons.
Altcoin Searches Surge as Market Rebounds, Echoing Past Patterns
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