Shitcoin Season Index Rises to 41

BlockBeats News, July 31st, according to Coinmarketcap data, the Altcoin Season Index has risen to 41, after dropping to 35 on July 30th. This index indicates that out of the top 100 cryptocurrencies by market capitalization, around 41 projects have outperformed Bitcoin in price appreciation over the past 90 days.

Note: The CMC Cryptocurrency Altseason Index is a real-time indicator designed to assess whether the cryptocurrency market is currently in a season dominated by altcoins. This index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.