Recent data shows a significant shift in the crypto market balance. The altcoin season index, calculated by CoinMarketCap, has decreased by 4 points, reaching a level of 25. This indicates that Bitcoin currently largely dominates competing assets.
How the index works and what it means
The altcoin index measures the performance of the top 100 cryptocurrencies by market capitalization compared to Bitcoin over the past 90 days, according to NS3.AI. A lower index value indicates weaker altcoin positions. An index level of 25 suggests that the vast majority of the top 100 coins are less competitive than Bitcoin.
What this means for the market
Bitcoin’s strengthening position is occurring alongside its growing market share, which today stands at 56.77%. This level of dominance encourages investors to reallocate capital. When the altcoin index falls, it traditionally means that investment flows are shifting from smaller projects to the largest cryptocurrency. This dynamic is often observed during market consolidation periods when investors prefer more reliable assets due to altcoin volatility.
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Altcoin Index drops to 25: Bitcoin strengthens its dominance in the market
Recent data shows a significant shift in the crypto market balance. The altcoin season index, calculated by CoinMarketCap, has decreased by 4 points, reaching a level of 25. This indicates that Bitcoin currently largely dominates competing assets.
How the index works and what it means
The altcoin index measures the performance of the top 100 cryptocurrencies by market capitalization compared to Bitcoin over the past 90 days, according to NS3.AI. A lower index value indicates weaker altcoin positions. An index level of 25 suggests that the vast majority of the top 100 coins are less competitive than Bitcoin.
What this means for the market
Bitcoin’s strengthening position is occurring alongside its growing market share, which today stands at 56.77%. This level of dominance encourages investors to reallocate capital. When the altcoin index falls, it traditionally means that investment flows are shifting from smaller projects to the largest cryptocurrency. This dynamic is often observed during market consolidation periods when investors prefer more reliable assets due to altcoin volatility.