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The Altcoin Run Is Giving Back Ground Fast as Bitcoin Dominance Climbs

The Altcoin Run Is Giving Back Ground Fast as Bitcoin Dominance Climbs

Photo: BeInCrypto

Nearly half of Binance-listed altcoins have dropped back below their 200-day moving average. That share reached 48.4% on October 18, up from under 10% in early October. Blockchaincenter’s 90-day Altcoin Season Index still reads a neutral 51. However, its 30-day Altcoin Month Index has dropped to 29, close to the 25 level that marks Bitcoin

Source: BeInCrypto

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