Altcoin Season Index Falls to 35, Signals Bitcoin Dominance

Quick Summary:

Altcoin Season Index Falls to 35, Signals Bitcoin Dominance The Altcoin Season Index, a key metric for assessing cryptocurrency market trends, dropped to 35 as of November 21, 2024, according to data from CoinMarketCap (CMC).

Investing in altcoins during Bitcoin Season carries higher risk due to their underperformance relative to Bitcoin.

As the cryptocurrency market evolves, monitoring metrics like the Altcoin Season Index can provide valuable insights for strategic investment decisions.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Altcoin Season Index Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 14:38:59 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 433 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23739936

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 22 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

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Publisher ID: #121

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