The altcoin seasonal index drops to 24.
on January 17, Coinmarketcap data showed that the Altcoin Season Index is currently at 24, down 3 points from yesterday (27). The index indicates that in the past 90 days, about 24 projects among the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin, and the market is still in a Bitcoin-dominated season.
It is reported that 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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