Shitcoin Season Index drops to 39

BlockBeats News, July 29th, according to Coinmarketcap data, the Altcoin Season Index has dropped to 39, after briefly reaching 55 on July 21st. This index indicates that out of the top 100 cryptocurrencies by market cap, around 39 projects have outperformed Bitcoin in the past 90 days.

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.

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