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Altcoin Season Index Rises to 34, Indicating Continued Bitcoin Dominance

BitcoinWorld LogoBitcoinWorld2w ago

Altcoin Season Index Rises to 34, Indicating Continued Bitcoin Dominance - BitcoinWorld

Quick Summary:

Altcoin Season Index Rises to 34, Indicating Continued Bitcoin Dominance Altcoin Season Index, a key metric tracked by CoinMarketCap (CMC), has registered a slight increase, rising three points to 34 as of 00:30 UTC on November 8, 2024.

For the market to officially enter “Altcoin Season,” 75% of the top 100 coins on CMC must outperform Bitcoin over a 90-day period.

As market conditions evolve, an eventual shift to Altcoin Season could occur, especially if innovative projects and favorable regulatory changes attract capital toward altcoins.


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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 10:23:36 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 823 words

Reading Time: 5 minutes read

Sentences: 39 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23469285

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 43 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Altcoin Season Index Rises to 34, Indicating Continued Bitcoin Dominance" was covered 2 weeks ago by BitcoinWorld, a news publisher based in India.

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  • URL: https://beamstart.com/news/altcoin-season-index-rises-to-17310622298446

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