Data: CMC Altcoin Season Index drops to 13, hitting a new low for the year
According to Coinmarketcap data, the Altcoin Season Index is now reported at 13, marking the lowest annual level since September 3, 2024, a significant drop from last month's score of 43.
The Altcoin Index has been declining since it hit an annual high of 87 on December 4, 2024. This index shows that in the past 90 days, only 13 out of the top 100 cryptocurrencies by market value have outperformed Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Today's Fear and Greed Index remains at 28, indicating a level of fear.
"1011 Insider Whale" closed a 5x short position of 5,000 ETH, earning approximately $55,000 in profit.
ETH ICO address transfers nearly $120 million worth of ETH to a new wallet after 10 years