Altcoin Season Index Rises to 46, Signaling a Balanced Crypto Market

Quick Summary:

The Altcoin Season Index, a metric used to gauge the performance of altcoins relative to Bitcoin, climbed to 46 as of December 21, 2024, according to CoinMarketCap (CMC).

The one-point increase from the previous day indicates a closely contested market where neither altcoins nor Bitcoin has established dominance.

Monitor the Index: Daily updates provide insights into whether the market is leaning toward Bitcoin or altcoins.

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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: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-21 @ 10:35:20 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 491 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 18 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 24574674

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

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Publisher ID: #121

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