1 week ago
Altcoin Season Index Is Rising While Bitcoin Remains Under Pressure: Here is Why
AnalysisAltcoin Bear Marketaltcoin performanceAltcoin Season IndexAltcoin vs BitcoinBitcoin Bear Marketcrypto market analysiscrypto market cyclesJoao Wedson
TLDR: The Altcoin Season Index shows 24 out of 55 altcoins outperforming Bitcoin on a rolling 60-day basis. Altcoin bear markets historically last 7 to 11 months, while Bitcoin bear markets typically run closer to 12 months. Many altcoins have already dropped 80% to 90% from cycle highs, leaving less room to set new lows. [...]
The post Altcoin Season Index Is Rising While Bitcoin Remains Under Pressure: Here is Why appeared first on Blockonomi.
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