Bitcoin has faced a correction from its recent all-time high of $108,135, dropping to around $92,500, which has shifted investor focus to altcoins. VanEck asserts that an altcoin season began on November 27, supported by the Altcoin Season Index, which indicates strong performance among top altcoins. Analysts suggest that as capital flows into the market, altcoins, particularly in decentralized finance, gaming, and NFTs, are poised to outperform Bitcoin.