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Altcoin Season Index Rises, Indicating Shift in Market Dynamics

05/02 08:51

CoinMarketCap's Altcoin Season Index has seen a two-point increase, reaching 31, which measures the performance of altcoins compared to Bitcoin over the past 90 days. According to NS3.AI, this index evaluates the top 100 cryptocurrencies, excluding stablecoins and wrapped tokens, to determine the leading force in the market. A score approaching 100 suggests an altcoin season, whereas a lower score indicates Bitcoin's dominance.

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