#TradingTypes101
Altcoin Market Cools as Season Index Drops to 16
Recent data from #CoinMarketCap (via BlockBeats) shows the Altcoin Season Index has fallen to 16, down sharply from its May 10 peak of 43. This signals weakening #altcoin momentum—only 16% of top 100 cryptos have outpaced #Bitcoin ($BTC) over the past 90 days.
Why It Matters
The index tracks whether altcoins are collectively outperforming BTC, a key metric for:
Investors rotating between Bitcoin and alts
Market cycles (bull runs often start with BTC dominance, then shift to alts)
Current Trend
With the index near yearly lows, capital appears to be flowing back to Bitcoin amid macroeconomic uncertainty.
See