The Altcoin Season Index Shows a Decrease in Performance
According to BlockBeats, the Altcoin Season Index, as reported by Coinmarketcap, is currently at 17. This marks a significant decline from the previous high of 78 on September 20. The average value of the index last week was 21. The index indicates that over the past 90 days, about 17 of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.
The CMC Altcoin Season Index is a real-time index used to assess whether the cryptocurrency market is currently experiencing a season dominated by altcoins. It is based on the performance of the top 100 altcoins compared to Bitcoin over the past 90 days$BTC
BTC
88,282.76
+0.28%
BNB
853.56
+0.24%