Just checked and the altcoin season index is sitting at 49 now, down 1 point from yesterday. Been watching this metric for a while since it's a solid gauge of how alts are doing relative to Bitcoin. The index basically tracks the top 100 coins by market cap (excluding stablecoins and wrapped tokens) over the 90-day period to see if they're outperforming or underperforming BTC. When the altcoin season index drops like this, it usually signals that Bitcoin is holding stronger than the broader altcoin market. Not saying it's bearish necessarily, but it's worth keeping an eye on where this trend goes next. The altcoin season index has been pretty volatile lately, so one point swings aren't huge, but the direction matters.

BTC-1%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments