Altcoin season index rebounds to 32

BlockBeats News, November 16, according to Coinmarketcap data, the Altcoin Season Index is currently at 32 (compared to 31 yesterday). This index shows that in the past 90 days, about 32 projects among the top 100 cryptocurrencies by market capitalization have outperformed bitcoin.

Note: The CMC Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. The index is based on the performance of the top 100 altcoins relative to bitcoin over the past 90 days.