Altcoin Season Index Drops to 17, Suggesting Bitcoin Dominance

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Altcoin market sentiment has weakened as the Altcoin Season Index dropped to 17, down from 18 the day before. The index tracks the top 100 cryptocurrencies (excluding stablecoins and wrapped tokens) over 90 days. A score below 75 signals Bitcoin dominance. Current conditions favor Bitcoin over most altcoins to watch. Market factors include macroeconomic pressure, Bitcoin ETF activity, and cyclical trends. Traders should consider the index as one tool to assess market structure.
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