🪞𝗔𝗹𝘁𝗰𝗼𝗶𝗻 𝘃𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻: 𝘄𝗵𝗮𝘁'𝘀 𝘁𝗵𝗲 𝟮𝟬𝟮𝟱 𝗶𝗻𝗱𝗲𝘅 𝘁𝗲𝗹𝗹 𝘂𝘀 𝗻𝗼𝘄
●The Altcoin Season Index, a key market indicator on CoinMarketCap, remains unchanged at 51 as of 00:30 UTC on January 4, 2025. This reading shows that the crypto market is shifting, with altcoins maintaining their position alongside Bitcoin. The index, which excludes stablecoins and wrapped tokens, indicates the performance of the top 100 coins over the past 90 days.
😐𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗔𝗟𝗧𝗖𝗢𝗜𝗡 𝗦𝗲𝗮𝘀𝗼𝗻 𝗶𝗻𝗱𝗲𝘅.
●For the market to be categorized as in Altcoin Season, 75% of the top 100 coins must outperform Bitcoin. Conversely, Bitcoin Season is defined as when 25% or fewer of the top 100 coins outperform Bitcoin. The 51 index indicates a transition from Bitcoin Season to Altcoin Season.
❓ᴡʜᴏ'ꜱ ʀᴇᴀᴅʏ?
🌟 𝐏𝐈𝐂𝐎 𝐈𝐈 ™
●The Altcoin Season Index, a key market indicator on CoinMarketCap, remains unchanged at 51 as of 00:30 UTC on January 4, 2025. This reading shows that the crypto market is shifting, with altcoins maintaining their position alongside Bitcoin. The index, which excludes stablecoins and wrapped tokens, indicates the performance of the top 100 coins over the past 90 days.
😐𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗔𝗟𝗧𝗖𝗢𝗜𝗡 𝗦𝗲𝗮𝘀𝗼𝗻 𝗶𝗻𝗱𝗲𝘅.
●For the market to be categorized as in Altcoin Season, 75% of the top 100 coins must outperform Bitcoin. Conversely, Bitcoin Season is defined as when 25% or fewer of the top 100 coins outperform Bitcoin. The 51 index indicates a transition from Bitcoin Season to Altcoin Season.
❓ᴡʜᴏ'ꜱ ʀᴇᴀᴅʏ?
🌟 𝐏𝐈𝐂𝐎 𝐈𝐈 ™