Bitcoin Leads Market as Altcoin Season Index Slips to 32, BTC Briefly Hits $105K 📈
Bitcoin's dominance in the cryptocurrency market strengthens as the Altcoin Season Index falls to 32, down from 37. This metric underscores a prevailing Bitcoin Season. The index excludes stablecoins and wrapped tokens, further emphasizing Bitcoin's market leadership.
During this period, Bitcoin briefly reached a price of $105,000, highlighting its continued appeal and strength among investors. This development indicates a strong preference for Bitcoin over other cryptocurrencies, shaping current market dynamics.
Source: coinedition.com ↗