Market Momentum Reaches 29 Points
The post Market Momentum Reaches 29 Points appeared on BitcoinEthereumNews.com.
Exciting news for cryptocurrency enthusiasts! The Altcoin Season Index has climbed to 29, marking a significant step toward what could become a full-blown altcoin season. This upward movement signals growing strength among alternative cryptocurrencies compared to Bitcoin. What Exactly is the Altcoin Season Index? The Altcoin Season Index serves as a crucial market indicator that measures whether Bitcoin or alternative cryptocurrencies are performing better. Created by CoinMarketCap, this index provides valuable insights into market dynamics. When the index approaches 100, it indicates a strong altcoin season where most major alternative coins outperform Bitcoin. Currently sitting at 29 points, the index has gained one point since yesterday. This gradual increase suggests that altcoins are slowly gaining ground against the crypto giant. However, we’re still far from the official altcoin season threshold of 75. How Does the Altcoin Season Index Work? The calculation methodology for the Altcoin Season Index follows specific rules that ensure accurate market representation. The index analyzes the performance of the top 100 cryptocurrencies by market capitalization, excluding: Stablecoins Wrapped coins Other pegged assets For an official altcoin season declaration, 75% of these qualifying assets must outperform Bitcoin over a 90-day period. The current Altcoin Season Index reading of 29 indicates we’re approximately one-third of the way toward this benchmark. Why Should Investors Care About This Movement? The rising Altcoin Season Index matters because it often precedes significant market shifts. Historical data shows that when the index begins climbing steadily, it frequently leads to increased altcoin dominance. This pattern presents potential opportunities for investors looking to diversify beyond Bitcoin. However, caution remains essential. The current Altcoin Season Index level suggests we’re in early stages rather than full altcoin season. Market conditions can change rapidly, so thorough research remains crucial before making investment decisions. What Does the Future Hold for…
Filed under: News - @ November 14, 2025 2:29 am