Shitcoin Season Index Rebounds from Bottom, Now at 21

BlockBeats News, March 21st, according to Coinmarketcap data, the Altcoin Season Index recently hit a low of 13, the lowest since September 3, 2024, but has since rebounded to 21. It is still significantly lower than the February average of 43.

The Altcoin Index reached its annual high of 87 on December 4, 2024, but has been declining since then. In the past 90 days, only 15 tokens out of the top 100 cryptocurrencies by market cap have outperformed Bitcoin.