Altcoin Season Index falls to 48 as Bitcoin dominance rises to 59.2%
- —Altcoin Season Index at 48, down from 50 a day earlier but up from 32 last week
- —Bitcoin dominance rose to 59.2% from 58.9% a week earlier
- —Altcoin share slipped to 29.3%; Ethereum dominance unchanged at 11.5%
- —Bitcoin market cap at $1.72 trillion; altcoins at $1.2 trillion
Why it matters: The neutral reading signals no broad altcoin rally, with capital still concentrated in Bitcoin.
Source: TokenPost