Altcoin Season Index Rises to 43
BlockBeats News, August 5 — According to data from Coinmarketcap, the Altcoin Season Index has rebounded to 43, after having dropped to 34 on August 1. The index shows that in the past 90 days, approximately 43 out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.
Note: The CMC Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. The index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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