BlockBeats reported that on June 15, according to Coinmarketcap data, the Altcoin Season Index has dropped from a recent high of 30 to 27, with a weekly average of 39.
The altcoin index has continued to decline since reaching an annual high of 87 on December 4, 2024. Over the past 90 days, 27 out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin, with the top-performing altcoins in the last 90 days being FARTCOIN, SPX, HYPE, VIRTUAL, and PENDLE.