Just noticed the altcoin season index hit 48, up 5 points recently. Pretty interesting timing because you can actually see it playing out in the charts - a lot of alts have been outperforming Bitcoin pretty hard over the last few months. The index basically tracks whether 75% of the top 100 alts are beating BTC's returns over the last 90 days, and right now that's clearly the case. This kind of shift in the altcoin season index usually means investor sentiment is rotating away from just hodling Bitcoin. Could be worth paying attention to if you're thinking about where capital might flow next. Market dynamics definitely feel different from a few months ago.

BTC-0.12%
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