📉 Altcoin Season Slipping? CMC Index Drops to 16
#AltcoinSeason #CryptoTrends #BitcoinDominance #Altcoins #BlockchainNews
🔍 According to BlockBeats, new data from CoinMarketCap (CMC) reveals that the Altcoin Season Index has dropped to 16, down significantly from a recent peak of 43 on May 10.
📊 What does it mean?
Only 16 out of the top 100 cryptocurrencies by market cap have outperformed Bitcoin over the last 90 days — signaling a clear shift back toward BTC dominance.
💡 The CMC Altcoin Season Index is a real-time tool that tracks whether the crypto market is favoring altcoins or Bitcoin. When the index is above 75, it’s considered “Altcoin Season.” Below 25? Bitcoin is stealing the show.
⚠️ With the current reading at 16, we're far from altcoin territory — and this could shape short-term investment strategies across the market.
👉 Are you betting on altcoins bouncing back, or is Bitcoin in control for now?
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