Cryptocurrency
Contrary to the hype of cryptocurrency influencers, data reveals that ‘now is not altcoin season.’
Over the past 90 days, Bitcoin has shown steady performance, while 19 other cryptocurrencies have outperformed the major digital assets in terms of price gains. However, the altcoin season index, which measures the performance of these cryptocurrencies relative to bitcoin, has fallen from 59 to 39 since early April, signaling that an altcoin season is unlikely (…)