Decoding the Crypto Market’s Dominant Shift
The post Decoding the Crypto Market’s Dominant Shift appeared on BitcoinEthereumNews.com.
Are you wondering where the crypto market is headed next? For seasoned investors and curious newcomers alike, understanding the prevailing market sentiment is crucial. The latest reading from the Altcoin Season Index, a pivotal metric, offers a clear signal: we are currently navigating a period known as Bitcoin Season. As of 00:28 UTC on July 10, the Altcoin Season Index, a widely tracked metric by CoinMarketCap (CMC), registered a value of 27. This figure, an increase of five points from the previous day’s report, strongly indicates that the market is currently experiencing what is commonly referred to as Bitcoin Season. But what exactly does this mean for your portfolio, and how can you leverage this information? What is the Altcoin Season Index and Why Does it Matter? The Altcoin Season Index is more than just a number; it’s a compass for understanding the broader cryptocurrency landscape. Developed by CoinMarketCap, one of the most reputable cryptocurrency price data platforms, this index provides a snapshot of market performance over a specific period. It helps investors gauge whether Bitcoin or the collective altcoins are leading the charge. Here’s how it works: Scope: The index rigorously tracks the performance of the top 100 cryptocurrencies by market capitalization on CoinMarketCap. It specifically excludes stablecoins (like USDT or USDC) and wrapped tokens (like wBTC) to ensure a clear focus on the volatile and growth-oriented segments of the market. Timeframe: Its calculation is based on the performance of these selected coins over the past 90 days. This three-month window provides a reasonable balance between short-term trends and longer-term shifts, preventing daily fluctuations from skewing the overall picture too much. The Core Rule: For the market to be officially in ‘Altcoin Season’, at least 75% of these top 100 altcoins must have outperformed Bitcoin over the specified 90-day…
Filed under: News - @ July 10, 2025 10:23 am