🌟 Crypto Market Update: Altcoin Seasonality Index Takes a Dive! 🌟

- CoinMarketCap data reveals a dramatic shift as the Altcoin Seasonality Index drops from 86 to 48, signaling a balanced market between Bitcoin and altcoins. 📉

- This index tracks the performance of the top 100 altcoins relative to Bitcoin over 90 days, offering insights into market sentiment and activity.

- The current value suggests a cooling period for altcoins, with only 48 projects outperforming Bitcoin recently.

- Factors like macroeconomic conditions and investor sentiment play a role in this shift.

What are your thoughts on this market transition? Share in the comments! 💬