Altcoin Season Index Rebounds Amid Ethereum Surge

According to BlockBeats, data from Coinmarketcap reveals that the Altcoin Season Index has rebounded to 41 following a strong rally in Ethereum and its ecosystem tokens this week. This figure is approaching the 90-day high of 93 recorded in February this year. The data indicates that the Altcoin Season Index reached an annual high of 87 on December 4 last year, before hitting a low of 12 on April 26 this year, where it stabilized.