The cryptocurrency market continues to trend around Bitcoin, while alts remain weak.
According to the data from CoinMarketCap on the 18th, the alts season index is 32, a slight increase from the previous day (30).
The index is calculated based on the proportion of assets that have outperformed Bitcoin among the top 100 alts by market capitalization over the last 90 days (excluding stablecoins). The annual high was recorded on December 4, 2024, at 87, and the annual low was recorded on April 26 of this year at 12.
The current value of 32 shows a rebound compared to last week (26) and last month (24). Although it has left the “Bitcoin season (≤25)” range, market funds are still flowing more towards Bitcoin rather than alts.
As of now, the market capitalization of Bitcoin is approximately $179.48 billion, with a trading volume of $11.18 billion; the total market capitalization of alts is $130.51 billion, with a trading volume of $13.20 billion.
In terms of market share, Bitcoin accounts for 58.1%, down 1.2 percentage points from last week (59.3%) and down 0.7 percentage points from last month (58.8%). Meanwhile, alts (Ethereum + others) account for 41.9%, a slight increase from last week (40.7%).
Bitcoin is currently priced at $90,008, down 5.19% for the day. Its 90-day cumulative return is -20.78%, worsening from last week's -11.59%.
90-Day Yield Leading Crypto Assets / CoinMarketCap
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