Bitcoin

when

Read

Coin

<ul class="wp-block-list news-points">
 <li><strong>CMC Altcoin Season Index at 45, reflecting altcoin dominance.</strong></li>
 <li><strong>Altcoin Season requires 75% of top altcoins to outperform Bitcoin.</strong></li>
 <li><strong>Market trend strongly favors altcoins over Bitcoin for Q4 2024.&nbsp;&nbsp;</strong></li>
</ul>
<p>The CoinMarketCap (CMC) Altcoin Season Index, a crucial metric for crypto investors, shows Altcoin Season, despite a slight dip to 45 on <a href="https://coinmarketcap.com/charts/altcoin-season-index/" target="_blank" rel="noopener noreferrer nofollow">December 20</a>. At least 75% of the top 100 coins must outperform Bitcoin for a full-fledged altcoin season. The indicator shows that altcoins still hold an edge, which solidifies their dominance in the final quarter of 2024.</p>
<h2 class="wp-block-heading" id="h-understanding-the-altcoin-season-index">Understanding the Altcoin Season Index</h2>
<p>CMC’s Altcoin Season Index gives real-time insights into the performance of the top 100 cryptocurrencies against Bitcoin over the past 90 days. It excludes stablecoins like Tether and DAI, as well as asset-backed tokens such as WBTC, stETH, and cLINK. A Bitcoin season happens when less than 25% of altcoins outperform Bitcoin.</p>
<p class="has-text-align-center"><strong>Read also: <a href="https://coinedition.com/bitcoin-goes-haute-couture-luxury-brands-embrace-crypto-payments/" rel="noopener noreferrer nofollow">Bitcoin Goes Haute Couture: Luxury Brands Embrace Crypto Payments</a></strong></p>
<h2 class="wp-block-heading" id="h-investors-back-altcoins-for-2025-dominance">Investors Back Altcoins for 2025 Dominance</h2>
<p>Even though the current Altcoin Season Index has fallen from last week’s 65, it still signals a strong shift toward altco…</p>
<p>The post <a href="https://coinedition.com/altcoins-shine-as-bitcoins-market-dominance-wanes/" rel="noopener noreferrer nofollow">Altcoins Shine as Bitcoin’s Market Dominance Wanes</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Altcoins Shine as Bitcoin’s Market Dominance Wanes

Table of Contents

Coin Edition

Other articles published on Dec 20, 2024

Binance Announces New Listings for Altcoins After Market Turmoil

Numogram ($GNON) Selected for Ryze Labs AI Combinator Program, Launches Revolutionary Agent Platform

Pepeto and Wall Street Pepe: The meme coins racing for 2025’s top spot

Ethereum Price Faces Pressure After $200M ETH Whale Sell-Off

BitDCA Raises $2M to Launch Littlebit: A Smarter Way to Save in Bitcoin 💡💰

Trump-Backed Crypto Project Spends $45M on Crypto Investments: Report

Join our free newsletter for daily crypto updates!