Altcoin Season Index – What the numbers show
The Altcoin Season Index (ASI) has plunged to levels that historically indicate Bitcoin’s dominance over the broader crypto market. With only 11 out of 57 tracked altcoins outperforming Bitcoin over the last 60 days, the index has decisively shifted into “Bitcoin Season.”
At press time, the chart demonstrated the steep drop in altcoin performances, contrasting with Bitcoin’s sustained hike.
Such a divergence hints at a short-term bearish outlook for altcoins. Worth noting, however, that previous ASI dips have preceded strong altcoin recoveries, raising the possibility of future opportunities.
Historical patterns and insights
Source: Alphractal
Out of 57 altcoins, only 11 have outperformed Bitcoin in the last 60 days, with XRP leading the pack with 117.3% returns, followed by
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Author: Samantha LKM
