Shitcoin Season Index Drops to 35, Hits Two-Month Low

BlockBeats News, October 11th, according to Coinmarketcap data, the Altcoin Season Index has dropped to 35, hitting a two-month low. Previously, on September 20th, it peaked at 78, with a weekly average last week of 61 and a monthly average last month of 65. This index shows that in the past 90 days, around 35 projects out of the top 100 cryptocurrencies by market cap have outperformed Bitcoin.

Note: The CMC Cryptocurrency Altseason Index is a real-time indicator used to assess whether the current cryptocurrency market is 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.