🔔 The dominance of #BTC in the market has returned
The altcoin season index has dropped to 46, indicating a shift in market trends. According to BlockBeats, data from Coinmarketcap reveals that the altcoin season index has fallen to 46, down from 50 the previous day. This index indicates that over the past ninety days, about 46 of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin. The CMC altcoin season index serves as a real-time gauge to assess whether altcoins currently dominate the cryptocurrency market. It is based on the performance of the top 100 altcoins compared to Bitcoin over the past ninety days.