Altcoin Season Index Dips to 52: Is the Rally Losing Steam?
BitcoinWorld Altcoin Season Index Dips to 52: Is the Rally Losing Steam? CoinMarketCap’s Altcoin Season Index slipped to 52 on [date], down five points from the previous day’s reading.
The index, which tracks whether altcoins are outperforming Bitcoin, remains in neutral territory, suggesting that the market has yet to commit firmly to either an altcoin-driven rally or a Bitcoin-led phase.
How the Index Works The index compares the price performance of Bitcoin against the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens.
When 75% of these top 100 coins have outperformed Bitcoin over the past 90 days, the market is considered to be in an ‘altcoin season.’ Conversely, when fewer than 25% outperform Bitcoin, it signals a ‘Bitcoin season.’ A reading of 50 indicates a balanced market, while a score closer to 100 points to strong altcoin momentum.
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