Altcoin Collapse, Analysts Sound The Alarm
Wed 18 Dec 2024 ▪
3
min read ▪ by
The altcoin season index, which measures the performance of major crypto assets against Bitcoin, shows worrying signs. With a recent drop in this index and a return of Bitcoin’s dominance, analysts are anticipating a period of turbulence for altcoins.
The Altcoin Season Index, a warning signal for crypto investors
Today, the Altcoin Season Index, a key barometer for measuring crypto performance, is raising the alarm. This indicator has dropped from 90 to 60, signaling a significant market correction. According to Blockchain Center data, it is currently at…
