Shitcoin Season Index hits bottom and rebounds, currently at 17

BlockBeats News, April 13th, according to Coinmarketcap data, the market saw a slight recovery. The Altcoin Season Index rose from a recent low of 14 on Trump Tariff Day to 17, but is still significantly lower than the March average of 32 and the February average of 43.

The Altcoin Index has been declining since reaching a yearly high of 87 on December 4, 2024. Among the top 100 cryptocurrencies by market capitalization, only 15 tokens have outperformed Bitcoin in the last 90 days. The top-performing altcoins in the last 90 days among the top 100 are AB, XCN, FORM, OM, and IP.