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Altcoin

An altcoin is any cryptocurrency other than Bitcoin.

Also known as: alt, altcoins

The word means "alternative coin" and covers everything from Ethereum and other large networks to thousands of small tokens. Altcoins tend to move with Bitcoin but more sharply: bigger gains in good times, deeper falls in bad ones.

"Altcoin season" describes a stretch when most altcoins outperform Bitcoin. The correlation matrix shows how closely each of the largest altcoins follows Bitcoin.

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