Altcoin Season Index Drops to 41: What It Signals for Crypto Markets
BitcoinWorld Altcoin Season Index Drops to 41: What It Signals for Crypto Markets CoinMarketCap’s altcoin season index has fallen to 41, indicating that the cryptocurrency market is currently in a neutral phase, with neither Bitcoin nor altcoins dominating performance over the past 90 days.
The index, which tracks the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens, provides a data-driven snapshot of market sentiment and asset rotation.
Understanding the Altcoin Season Index The altcoin season index is a widely watched metric that compares the performance of Bitcoin against the top 100 coins.
When 75% of these coins outperform Bitcoin over a 90-day period, the market is classified as being in an ‘altcoin season.’ Conversely, if fewer than 25% of the coins beat Bitcoin, it is considered a ‘Bitcoin season.’ A reading of 41 suggests that the market is somewhere in between, with no clear dominance by either asset class.
This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.
Read Full Article at Source