Bitcoin Season Reigns: Altcoin Index Flatlines Near Record Lows
- Altcoin Season Index remains at 18, deep in Bitcoin Season territory.
- A recent low of 13 was recorded on March 12.
- Altcoin market cap shows no significant recovery versus Bitcoin.
The altcoin market has not shown much of a revival despite growing excitement around institutional inflows by way of ETF approvals.
According to CoinMarketCap’s Altcoin Season Index, the current score stands at 18/100, placing the market firmly in “Bitcoin Season.”
Understanding the Altcoin Season Index
This key metric tracks whether the top 100 altcoins (excluding stablecoins and wrapped tokens) have collectively outperformed Bitcoin over the preceding 90 days.
A score above 75 historically signals a true “Altcoin Season,” a period characterized by significant capital rotation from Bitcoin into higher-beta altcoins as investors chase greater short-term returns. Such seasons typically feature parabolic altcoin price surges, amplified social media hype, and increased retail participation.
Related: Crypto Christopher: These 5 Altcoins Show Strong Pre-Bull Run Signs
Current Market State: Bitcoin Dominance Persists
But recent readings have remained consist…
The post Bitcoin Season Reigns: Altcoin Index Flatlines Near Record Lows appeared first on Coin Edition.
Read More
Bitcoin Season Reigns: Altcoin Index Flatlines Near Record Lows
- Altcoin Season Index remains at 18, deep in Bitcoin Season territory.
- A recent low of 13 was recorded on March 12.
- Altcoin market cap shows no significant recovery versus Bitcoin.
The altcoin market has not shown much of a revival despite growing excitement around institutional inflows by way of ETF approvals.
According to CoinMarketCap’s Altcoin Season Index, the current score stands at 18/100, placing the market firmly in “Bitcoin Season.”
Understanding the Altcoin Season Index
This key metric tracks whether the top 100 altcoins (excluding stablecoins and wrapped tokens) have collectively outperformed Bitcoin over the preceding 90 days.
A score above 75 historically signals a true “Altcoin Season,” a period characterized by significant capital rotation from Bitcoin into higher-beta altcoins as investors chase greater short-term returns. Such seasons typically feature parabolic altcoin price surges, amplified social media hype, and increased retail participation.
Related: Crypto Christopher: These 5 Altcoins Show Strong Pre-Bull Run Signs
Current Market State: Bitcoin Dominance Persists
But recent readings have remained consist…
The post Bitcoin Season Reigns: Altcoin Index Flatlines Near Record Lows appeared first on Coin Edition.
Read More