[Alt season coming?] Altcoin season index falls to 37... Bitcoin dominance rises to 60.3%
Original headline[알트장 오나요] 알트코인 시즌 지수 37까지 하락…비트코인 도미넌스 60.3%로 상승
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The Altcoin Season Index fell to 37 on October 10, down from 38 the prior day, 47 a week earlier, and 63 a month ago, keeping the market in neutral territory between Bitcoin season (25 or below) and altcoin season (75 or above). Bitcoin dominance climbed to 60.3% as altcoins failed to outperform over the past 90 days, with fewer than 40% of the top 100 non-stablecoin tokens beating BTC. The decline signals weakening relative performance for altcoins and a market still favoring Bitcoin. Traders will watch whether the index can recover toward the 75 threshold that would confirm a broad altcoin rally.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Altcoins, Bitcoin (BTC), CoinMarketCap
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