Altcoin Season Index Rises to 21
According to Jinse Finance, on June 29, Coinmarketcap data shows that the Altcoin Season Index is currently at 21, up 2 points from yesterday (which was 19). The index indicates that in the past 90 days, about 21 projects among the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin, meaning the market is still in a Bitcoin-dominated season. It is reported that the CMC Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. The index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.
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