Altcoin Season Index drops to 34

BlockBeats News, October 12, according to Coinmarketcap data, the Altcoin Season Index has dropped to 34. Previously, on September 20, it once rose to 78, with last week's average at 59 and last month's average at 68. The index shows that in the past 90 days, about 34 projects among 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.