Altcoin Season Index Rises to 48, Bitcoin Season Persists

Quick Summary:

Altcoin Season Index Rises to 48, Bitcoin Season Persists The Altcoin Season Index, a popular metric tracked by CoinMarketCap (CMC), rose by one point to 48 at 00:29 UTC on December 26, signaling that the cryptocurrency market remains in Bitcoin Season.

Bitcoin’s Market Dominance: A declining dominance could signal altcoin strength.

Historically, Bitcoin tends to lead during the initial stages of a bull market before altcoins gain momentum.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News Altcoin Season Index

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 10:00:17 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 403 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 18 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 24671384

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 17 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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