The Altcoin Market Continues to Heat Up, with "TOTAL3" Seeing a 10.66% Increase in the Last 7 Days; Altseason May Be on the Horizon

BlockBeats News, September 14th, according to market data, the current cryptocurrency "Altcoin" market continues to heat up. The TOTAL3 index (total market capitalization of cryptocurrencies excluding BTC and ETH) has increased by 10.66% in the past 7 days, during the same period Bitcoin's market dominance has decreased by 1.92%, and Ethereum's market dominance has increased by 2.23%.

As of the time of writing, the total cryptocurrency market cap has reached $4.17 trillion. The CMC Altcoin Season Index has risen to 72, reaching a new high within the 90-day observation period. This index indicates that in the past 90 days, around 72 out of the top 100 cryptocurrency projects by market cap have outperformed Bitcoin.