Altcoin Season Index Rises to 35, Signaling Continued Bitcoin Season

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The story "Altcoin Season Index Rises to 35, Signaling Continued Bitcoin Season" was covered 1 weeks ago by BitcoinWorld, a news publisher based in India.

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Altcoin Season Index Rises to 35, Signaling Continued Bitcoin Season - BitcoinWorld

Quick Summary:

Altcoin Season Index Rises to 35, Signaling Continued Bitcoin Season The Altcoin Season Index—a key metric tracked by CoinMarketCap (CMC) to gauge the relative performance of top cryptocurrencies—has risen by one point to 35, as recorded at 00:30 UTC on November 9.

By tracking this metric, investors can gauge the broader trend—whether Bitcoin dominance is likely to continue or if a shift into Altcoin Season is on the horizon.

As institutional investors favor Bitcoin over altcoins due to its relative stability and market dominance, Bitcoin benefits from stronger capital inflows, outperforming the majority of altcoins.