Shitcoin Season Index Rebounds to 43

BlockBeats News, August 5th, according to Coinmarketcap data, the Altcoin Season Index has risen to 43, after dropping to 34 on August 1st. This index shows that out of the top 100 cryptocurrencies by market capitalization, around 43 projects have outperformed Bitcoin in the past 90 days.

Note: The CMC cryptocurrency Altseason Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. This index is based on the top 100 altcoins' performance relative to Bitcoin in the past 90 days.