Glassnode's Altcoin Cycle Signal flipped from Bitcoin season to altcoin season on September 22, 2026, and that single shift is the biggest piece of Altcoin News driving trader attention today.
The flip follows a broad rally that spread beyond Bitcoin. Unlike August's move, where altcoins mostly sat flat while BTC ran higher alone, this push showed wide participation across the altcoin market.
Glassnode tracks the signal using relative price performance of the top 250 altcoins, excluding stablecoins, against BTC, and it remains one of the more closely watched gauges in daily Altcoin News coverage.

Source: Glassnode Picture From BloomingBit Feed
A seven-day mean reading above roughly 50 favors altcoin outperformance; below that line, Bitcoin leads. The chart colors $BTC price by season based on returns over 60 or more days, and it just turned blue again.
Signal status: flipped into altcoin season territory as of September 22
Prior flip: an earlier move into alt territory happened around June 2026, driven more by BTC weakness than real alt strength
Current flip: this time breadth is doing the work, with altcoins gaining relative strength rather than just riding a BTC pullback
Leverage: altcoin open interest remains relatively low versus BTC, reducing the risk of a sharp leveraged unwind
Other altcoin season measures, including indexes that require around 75% of top coins to beat Bitcoin over 90 days, still sit lower, often mid-40s to low-60s. That gap matters. Not every gauge confirms a full altseason yet.
The coin remains the backbone of the wider market even as the Altcoin News cycle shifts, and its price action still sets the tone for everything downstream.

Source: CoinMarketCap Official
$BTC price: surged to highs near $87,000 on September 21 before settling around $85,400 to $85,500 today (Sept 22)
Recovery: climbed back from mid-September lows near $75,000 to $76,000
Bitcoin dominance : holding near 58% to 59%
Total crypto market cap: roughly $1.71 trillion, up close to 4.73% on the day
Fear and Greed Index: 77, firmly in Greed territory
Dominance staying near 59% shows capital is still concentrated heavily in BTC, even as altcoins catch a bid.
A look at the CoinMarketCap’s top 100 coins by 90-day performance shows how wide the recent gains have spread, another marker in this week's Altcoin News flow. Pons token sits at the top, up close to 5,993% over the period, followed by a mix of established and newer names:
PONS: up over 5,993%
ZEC: up 255.86%
PUMP: up 221.85%
UNI: up 206.57%
ARB: up 181.40%
ENA: up 150.09%

Among majors, XRP jumped 6.56% in the past day to $1.52, while ETH added 2.95% to trade near $2,732.84. The CMC Altcoin Season Index reads 50 out of 100, up from a last-week reading in the low 30s but still below its yearly high of 71 set in September 2025.
Altcoin seasons tend to mark capital rotation into higher-beta assets, producing sharper gains and sharper swings outside Bitcoin. That rotation often shows up after Bitcoin has built a strong base, which fits the pattern seen through August and into this month.
Confirmation would need sustained relative alt strength, especially if BTC pauses, alongside falling dominance and participation spreading past a handful of large names or crypto memecoins.
A stall in BTC price, a snapback in dominance, or a sudden shift in the macro backdrop could all fade the signal just as fast as it flipped. Price action, not the indicator alone, will decide which way this Altcoin News story goes next.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Crypto markets carry significant risk. Always do your own research before making any investment decisions.