Altcoin Breadth Stays Below Season Threshold as Rally Cools
Photo: TokenPost
Altcoin market breadth has cooled from September’s strength, with three gauges showing readings below the 75-point level used to define a broad altcoin season. A 90-day index covering 100 eligible altcoins stood at 59 on Oct. 10. A separate gauge read 51 the same day, below its 75-point altcoin-season threshold. A third index registered 66 on Oct. 8, with 33 of 50 tracked altcoins outperforming Bitcoin (BTC) over the previous 90 days. The 100-altcoin index places readings of 25 or lower in Bitcoin-season territory.
Source: TokenPost
