Summary

  • Altcoin Season Index remains near 44, below the 75 threshold needed to confirm altcoin season 2026.
  • Bitcoin dominance stays above 58% as of May 2026, a historical precursor to altcoin runs in prior cycles.
  • Ethereum ETFs posted a net outflow of 44,837 ETH on November 2, 2026, alongside broader macro tightening.

Hyperliquid's HYPE token led weekly crypto gainers in early November 2026. Australia's central bank lifted rates to an 18-year high. HYPE still outperformed.

Inflation signals tied to AI-driven energy demand hit hard.

Select large-cap projects captured fresh capital while broader alt