As of 9:30 AM KST, CoinMarketCap's 'Altcoin Season Index' marked 45, indicating a rise of 1 point from the previous day. This index, designed to analyze crypto assets, measures the price differences between the top 100 coins (excluding stablecoins and wrapped coins) and Bitcoin. An 'Altcoin Season' is defined as a period when the growth rate of 75% of the top 100 coins surpasses Bitcoin's growth rate over the past 90 days. Conversely, 'Bitcoin Season' indicates the opposite. The closer the index approaches 100, the more pronounced the 'Altcoin Season' becomes.
Altcoin Season Index Reaches 45: What It Means For Crypto Investors
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