The CoinMarketCap Altcoin Season Index, a key indicator for crypto investors, has fallen to a level of 37. Just yesterday it was at 46, and a week ago it reached 65.
The Altcoin Season Index in real-time shows how the 100 largest cryptocurrencies are performing relative to Bitcoin over the last 90 days. It does not account for stablecoins such as Tether and DAI, as well as asset-backed tokens like WBTC, stETH, and cLINK.
Bitcoin season begins when less than 25% of altcoins outperform Bitcoin. At least 75% of the 100 coins must surpass BTC for the altcoin season to be considered in full swing.
The annual maximum index (87) was recorded on December 4, while the minimum value (13) occurred on September 3.
Despite the current Altcoin Season Index decreasing compared to last week's figure, it still signals high investor interest in altcoins. Experts say that the shift in priorities in the crypto market is linked to the rise in innovation and high demand in the altcoin ecosystem. Investors remain optimistic and are betting that cryptocurrencies like Ethereum and Solana will continue to grow in 2025.$NEIRO $CHR $XLM #2024withBinance