Altcoin Season Index Shows Modest Recovery to 27

The Altcoin Season Index saw a modest climb from 16 to 27, indicating an uptick in altcoins’ performance compared to Bitcoin over the past 90 days. This rise suggests limited recovery, with Bitcoin still dominating the market. Notably, only 27 cryptocurrencies have surpassed Bitcoin’s price growth during this period according to CoinMarketCap. Despite these movements, industry observers remain focused on new projects and airdrops from exchanges like Binance.