Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’

Share This Post

Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since early April, signaling that an altcoin season is unlikely […]

Read Entire Article
spot_img

Related Posts

Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers

The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024 Currently valued at $66,900 per unit, bitcoin’s price is showing

Will Washington Wreck Or Welcome Crypto? Looming Vote Holds Bitcoin’s Fate

With Bitcoin rocketing in value and Wall Street circling like a hawk, the US crypto industry is holding its breath as a crucial vote approaches in Washington next week The Financial Innovation and

10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days

According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,55662 BTC from the market over the last 128 days This

Bitcoin Boom: Price Explodes Past $67,000 As Investor Confidence Returns

The cryptocurrency market has been shaken by turbulence over the past year, but Bitcoin is now staging a remarkable comeback, breaking past the $67,000 mark for the first time since late 2023 This

Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future

Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness and decentralization The proposed changes focus on tackling issues

IBC to Ethereum: Building the interconnected Internet of Blockchains

Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many challenges Beyond dealing with regulators, improving UX, and weeding out bad
- Advertisement -spot_img