AltSeason Index Shows Shift to Altcoins Based on Utility
Although Bitcoin Dominance remains strong and the Altcoin Season Index dropped to 38 on August 6, analysts are beginning to see capital potentially moving towards altcoins that offer real use cases. This index previously reached 51 on August 5, supporting the potential of utility-based altcoins such as Ethereum, Sui, and Bitcoin Hyper.
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