Altcoin Season Index Drops to 38
BlockBeats News, August 6 — According to data from Coinmarketcap, the Altcoin Season Index has dropped to 38 (down from 42 yesterday). The index shows that in the past 90 days, about 38 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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