Altcoin Season Index Drops to 41, Signaling Continued Bitcoin Season
The post Altcoin Season Index Drops to 41, Signaling Continued Bitcoin Season appeared on BitcoinEthereumNews.com.
Altcoin Season Index at 41: Bitcoin Season Dominance Continues The Altcoin Season Index, tracked by the cryptocurrency platform CoinMarketCap, has dropped by one point to 41, as of 9:30 AM KST on January 20, 2025. This decline signals a continuation of the Bitcoin season, where Bitcoin outperforms most altcoins in the market. The index measures the performance of the top 100 cryptocurrencies by market cap (excluding stablecoins and wrapped tokens) compared to Bitcoin over the past 90 days. A score below 50 generally indicates Bitcoin season, while a score above 75 signifies Altcoin season. Understanding the Altcoin Season Index The Altcoin Season Index is a metric designed to gauge whether Bitcoin or altcoins are leading the market’s performance. Score Below 50: Bitcoin season – Bitcoin outpaces most altcoins. Score Above 75: Altcoin season – Altcoins outperform Bitcoin significantly. Score Between 50 and 75: Neutral zone – A balanced performance between Bitcoin and altcoins. The closer the score is to 100, the stronger the altcoin market, while a score closer to 0 reflects Bitcoin dominance. How Is the Altcoin Season Index Calculated? The index compares the rate of increase in Bitcoin’s price to the rate of increase for the top 100 cryptocurrencies over the last 90 days. Altcoin Season: If 75% or more of the top 100 altcoins outperform Bitcoin. Bitcoin Season: If 25% or fewer altcoins surpass Bitcoin’s growth. Current Market Trends and Analysis 1. Bitcoin Dominance Persists Bitcoin continues to maintain a dominant position in the cryptocurrency market. Its strong performance relative to altcoins has kept the Altcoin Season Index firmly below the threshold for altcoin season. 2. Impact on Altcoins With the Altcoin Season Index at 41, most altcoins are underperforming relative to Bitcoin. Investors may be shifting focus to Bitcoin due to its perceived stability and resilience,…
Filed under: News - @ January 20, 2025 3:25 pm