Summary
- CoinMarketCap's altcoin season index was reported at 77 points.
- The index is classified as an altcoin season from 75 points, and altcoin market capitalization reached $1.77 trillion, up $10 billion from the previous day.
- The altcoin season index is calculated by comparing price change rates between the top 100 coins by market capitalization and Bitcoin.
The altcoin season index provided by CoinMarketCap, a crypto market tracking site, has reached 77.
On the 19th (local time), CoinMarketCap said the 'altcoin season index' recorded 77 points, unchanged from the previous day. CoinMarketCap classifies an altcoin season starting at 75 points. Altcoin market capitalization also reached $1.77 trillion, increasing by $10 billion from the previous day.
The altcoin season index is determined by comparing price changes between the top 100 coins by market capitalization (excluding stablecoins and wrapped coins) and Bitcoin (BTC). The one-year high was 87 points, recorded on December 4 last year.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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