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SilentEyes

06/15 12:55

Altcoin Season Index Declines Amid Bitcoin Dominan

Altcoin Season Index Declines Amid Bitcoin Dominance Surge4c73db3ba0d140a5b2daebea5be768b0.png

  • Altcoin Season Index drops to 27, indicating Bitcoin's rising dominance.
  • No new statements from key leaders about index changes.
  • Market sees increased Bitcoin dominance over altcoins recently.

On June 15th, the Altcoin Season Index dropped to 27, reflecting increased Bitcoin dominance in the cryptocurrency market.

This decline suggests a strong shift towards Bitcoin, influencing altcoin investment dynamics significantly.

Altcoin Season Index Drops to Historical Low of 27

The recent drop in the Altcoin Season Index to 27 from a weekly average of 39 signals intensified Bitcoin dominance in the market. Notably, the index once topped at 87 on December 4, 2024, indicating a vibrant altcoin environment at that time.
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