Altcoin Season Index Drops to 48, Signaling Shift to Bitcoin Season

Quick Summary:

Altcoin Season Index Drops to 48, Signaling Shift to Bitcoin Season The Altcoin Season Index, a popular metric tracked by CoinMarketCap (CMC), dropped to 48 on November 27, signaling a shift from Altcoin Season to Bitcoin Season.

This four-point decline from the previous day underscores Bitcoin’s growing dominance as its performance outpaces most altcoins.

A score of 48 indicates that fewer altcoins are outperforming Bitcoin, marking a shift in momentum back to Bitcoin dominance.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Altcoin Season Index Drops Crypto News Altcoin season

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 09:11:53 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 284 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23904167

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

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