Data: CMC Altcoin Season Index drops to 13, hitting a new low for the year
According to Coinmarketcap data, the Altcoin Season Index is now reported at 13, marking the lowest annual level since September 3, 2024, a significant drop from last month's score of 43.
The Altcoin Index has been declining since it hit an annual high of 87 on December 4, 2024. This index shows that in the past 90 days, only 13 out of the top 100 cryptocurrencies by market value have outperformed Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tether suspends bitcoin mining in Uruguay due to rising energy costs, laying off 30 local employees
WLFI: BNB Ecosystem USD1 Zero-Fee Promotion Extended Until December 31
Bitwise BSOL Solana ETF increased its holdings by 93,167 SOL in the past hour
CoinMarketCap launches MACD dashboard, supporting comparison of momentum indicators for multiple cryptocurrencies