Altcoin Seasonal Index Rebounds to 27
TL;DR
The Altcoin Season Index has rebounded to 27, indicating that 27 of the top 100 cryptocurrencies have outperformed Bitcoin over the past 90 days, up from a low of 14 in December.
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[Altcoin Season Index Rises to 27] According to Mars Finance, on January 4th, Coinmarketcap data showed the Altcoin Season Index was temporarily at 27, after briefly falling to 14 on December 19th. The index indicates that over the past 90 days, approximately 27 of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin. Note: The CMC Cryptocurrency 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 Altcoin relative to Bitcoin over the past 90 days.