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Altcoin Season Index Remains Low at 17 as of December 21

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Altcoin market sentiment remains subdued as the Altcoin Season Index stands at 17 as of December 21, per CoinMarketCap data. This marks a sharp decline from its September 20 peak of 78, with the weekly average at 21. The index shows that roughly 17 of the top 100 altcoins by market cap have outperformed Bitcoin in the last 90 days. The CMC Altcoin Season Index tracks altcoin market dominance by comparing top 100 altcoins to Bitcoin’s performance. Recent altcoin analysis suggests continued underperformance amid a Bitcoin-driven market.
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