Markets· ★★· neutral·

Altcoin Season Index Falls to 57 as Bitcoin Dominance Climbs to 59.8%

  • —Altcoin Season Index at 57, down from 61 a day earlier, 62 last week and 41 a month ago
  • —Bitcoin dominance rose to 59.8% from 59.2% a week earlier
  • —Ethereum dominance fell to 10.9% from 11.3%
  • —Bitcoin market cap at $1.662T, altcoin market cap at $1.132T
Why it matters: Rising BTC dominance alongside a neutral altcoin index points to a narrowing performance gap rather than the start of an altseason.
Source: TokenPost