BlockBeats News, October 17th, according to Coinmarketcap data, the Altcoin Season Index has dropped to 25. Previously, on September 20th, it had briefly risen to 78, with a weekly average last week of 35 and a monthly average of 71. This index indicates that in the past 90 days, about 25 projects among the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.
Note: The CMC Cryptocurrency Altseason Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. This index is based on the performance of the top 100 altcoins relative to Bitcoin in the past 90 days.
