Altcoin Season Indicator Hits Rock Bottom at 17 – What's Happening in the Crypto Market?

2026-01-05 13:45:45

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The altcoin season appears far from turning bullish, with the Altcoin Season Index recording a reading of just 17 on December 26, according to CoinMarketCap data cited by Blockbeats. This represents a marginal dip from 18 the day prior, signaling sustained weakness in alternative coin performance.

The index functions as a key market gauge, evaluating how the top 100 cryptocurrencies are performing relative to Bitcoin across the previous 90-day window. The current reading reveals that merely 17 projects from this cohort have managed to outpace Bitcoin during this timeframe—a stark contrast to the euphoric peaks witnessed earlier in the year.

To contextualize the severity of the current market dynamics, the altcoin season index previously touched 78 on September 20, demonstrating the dramatic shift in market sentiment and performance metrics over recent months. The steep decline from that level underscores the dominance of Bitcoin as institutional and retail investors alike have rotated their focus back toward the leading digital asset.

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