Shitcoin Season Index Drops to 37

BlockBeats News, July 24th, according to Coinmarketcap data, the Altcoin Season Index has dropped to 37, after reaching 55 on July 21st. The index indicates that out of the top 100 cryptocurrencies by market capitalization, around 47 projects have outperformed Bitcoin in price gains over the past 90 days.

Note: The CMC Altcoin Season Index is a real-time indicator designed to gauge whether the cryptocurrency market is currently in an altcoin-dominant season. This index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.