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Altcoin Season Index Falls to 47
Summary: According to Coinmarketcap data, the Altcoin Season Index has fallen to 47, after reaching 55 on July 21. The index indicates that around 47 projects among the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin in the past 90 days. Note: The CMC Altcoin Season Index is a real-time indicator used to determine whether ...
According to Coinmarketcap data, the Altcoin Season Index has fallen to 47, after reaching 55 on July 21. The index indicates that around 47 projects among the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin in the past 90 days. Note: The CMC Altcoin Season Index is a real-time indicator used to determine whether the cryptocurrency market is currently in a season dominated by altcoins. The index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.