Tuesday, December 5, 2023
 2.96% $1.64T  75 Greed 

Alt Season Index

Top Altcoin 30 Day Gains vs. BTC

-7.02% Average Index Gain

24.15% Bitcoin 30D Performance

It is not Alt Season
26.00% of assets in the top 25 have outperformed Bitcoin in the last 30 days, excluding stablecoins.
Large Cap Alt Movements vs. BTC (30D)
Market Cap Distribution
  • BTC: 51.13%
  • ETH: 16.42%
  • USDT: 5.48%
  • BNB: 2.16%
  • XRP: 2.03%
  • SOL: 1.57%
  • USDC: 1.48%
  • STETH: 1.27%
  • ADA: 0.87%
  • DOGE: 0.79%

About The Alt Season Index

Money in the crypto market tends to flow back-and-forth between bitcoin and alt coins. When Bitcoin goes on a rally, people tend to sell their alt coins, which pushes the dominance of alts down and moving the price of Bitcoin up higher. This is often called a “Bitcoin Season.”

What is Alt Season?

At some point, early Bitcoin investors begin to take profits and put that money into alt coins. This has the opposite effect, where profit taking pushes the price of Bitcoin down while alt coins rise in value from the buy pressure. The term “alt season” or “altcoin season” refers to this period when lower market cap assets outperform Bitcoin for a significant duration.

The Alt Season Index measures 30D price performance of the top 25 digital assets against Bitcoin, excluding stable and wrapped assets. Its classified as an alt season when the index average gain is higher than the 30D performance of Bitcoin.

How long does alt season last?

No one can know for sure how long an alt season can last – It may range anywhere from a few weeks to several months. Observing BTC price performance and market cap dominance distribution of the top 6 assets can be useful in identifying season peaks.

What is an Altcoin?

The term ‘Altcoin’ is a combination of two words: ‘alt’ and ‘coin’ where alt means ‘alternative’ and coin means ‘cryptocurrency’. It basically referrers to anything that is not Bitcoin in the Large to Midcap tier.