Altcoin Season Index at 17: Only 17 Top-100 Coins Have Outperformed Bitcoin, CoinMarketCap Data Show

The post Altcoin Season Index at 17: Only 17 Top-100 Coins Have Outperformed Bitcoin, CoinMarketCap Data Show appeared on BitcoinEthereumNews.com.

COINOTAG News, on December 21, citing CoinMarketCap data, reports that the Altseason Index currently sits at 17. The record shows a spike on September 20 when the index briefly surged to 78, with the weekly average for the prior week near 21, signaling episodic altcoin strength before a pullback. Over the last 90 days, roughly 17 projects among the top 100 cryptocurrencies by market cap have outperformed Bitcoin in price gains, underscoring selective altcoin resilience. The Altseason Index is a real-time indicator designed to gauge whether the market favors altcoins over Bitcoin, based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days. Source: https://en.coinotag.com/breakingnews/altcoin-season-index-at-17-only-17-top-100-coins-have-outperformed-bitcoin-coinmarketcap-data-show