9 hour ago
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Altcoin Season Index Drops to 17 Amid Bitcoin Price Decline
Altcoin Market Overview
- The Altcoin Season Index has dropped below 20, indicating that only 17 of the top 100 altcoins outperformed Bitcoin in the past 90 days.
- Major altcoins are down between 30% to 80% from all-time highs, with calls for an "altcoin season" decreasing significantly.
- Ethereum is underperforming Bitcoin, showing a 28.30% decrease compared to Bitcoin's 21.10% drop in the same period.
Indicators of Altcoin Bull Runs
- An Altcoin Season Index score of 75 or higher suggests an altcoin bull market, where most altcoins outperform Bitcoin.
- Scores below 75 indicate a bear market, while scores nearing 100 suggest potential market peaks.
- The last significant altcoin season was in 2021, with expectations unmet for a 2025 season.
