Shitcoin Season Index Drops to 48

BlockBeats News, October 10th, according to Coinmarketcap data, the Altcoin Season Index has dropped to 48, after reaching 78 on September 20th. This index shows that out of the top 100 cryptocurrencies by market capitalization, around 48 projects have outperformed Bitcoin in the past 90 days.

Note: The CMC Cryptocurrency Altseason Index is a real-time indicator used to determine whether the cryptocurrency market is currently in an altcoin-dominated season. This index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.