Just checked the altcoin index and it's sitting at 35 right now. Pretty low honestly. That means alts are still getting crushed compared to Bitcoin, which makes sense with how the market's been moving lately.



The way this metric works is it looks at the top 100 coins (excluding stablecoins and wrapped versions) over the last 90 days. When the altcoin index climbs to 75 or higher, that's when you'd actually call it altcoin season. Right now we're nowhere near that level.

So yeah, Bitcoin's still the main show. The altcoin index isn't giving us any signals that alts are about to pop off anytime soon. Market's clearly favoring BTC at the moment.
BTC-2.29%
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