The cryptocurrency market is witnessing a significant shift as Bitcoin continues to dominate, leaving altcoins struggling to keep pace. Recent data from blockchaincenter.net reveals that the Altcoin Season Index (ASI) has dropped to a mere 24, marking a notable decline from its mid-July peak of 46. This fall suggests that the anticipated period of increased gains for alternative cryptocurrencies, commonly referred to as “altcoin season,” remains elusive.·
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