Bitcoin Dominance Remains Strong as Altcoin Season Index Stays at 21

The latest data reveals that the Altcoin Season Index remains stagnant at 21, indicating continued dominance of Bitcoin in the cryptocurrency market. This key metric provides valuable insights into market cycles and potential investment opportunities for crypto investors. Understanding this reading is crucial to make informed decisions regarding portfolio allocation. 75% of the top 100 cryptocurrencies must outperform Bitcoin over the past 90 days for the Altcoin Season Index to rise, excluding stablecoins and wrapped tokens. The index, which measures market performance dynamics, remains at 21, signifying that Bitcoin maintains leadership in current market conditions. This measurement offers a glimpse into potential shifts and provides insights for investors seeking strategic direction.