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Assessing Altcoin Mood Music as Bitcoin Catches Its Breath

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While some altcoins have gained in Ethereum’s slipstream, others are plotting their own course while seeking to topple the front-runner itself.
Is alt season upon us? Many crypto commentators are predicting just that, after Ethereum (ETH) hit a record high of over $1,440 on January 19. Altcoins have traditionally taken a backseat when Bitcoin is in the ascendancy and appreciated only when BTC consolidates. At the time of publication, several top 40 cryptocurrencies have popped, while Bitcoin’s price is down over 10% since this time last week.
Although ETH’s price fell to around $1,265 on January 20, it’s since recovered, while defi tokens are making good running. So, what should we expect from altcoins in the near term? ....

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