Altcoin Seasonal Index Rebounds to 32
AI Summary1 min read
TL;DR
The Altcoin Season Index rose to 32, showing 32 of the top 100 cryptocurrencies beat Bitcoin in the last 90 days. This index measures if the market is in an altcoin-dominated phase.
Tags
Halving TokensLayer 1Altcoin Season IndexCryptocurrencyBitcoinMarket PerformanceCoinmarketcap
According to Mars Finance, on November 16th, Coinmarketcap data shows the Altcoin Season Index is currently at 32 (up from 31 yesterday). This index indicates that approximately 32 of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin in the past 90 days. Note: The CMC Crypto 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.