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Bitcoin (BTC) $ 104,701.00
Ethereum (ETH) $ 2,538.29
Tether (USDT) $ 1.00
XRP (XRP) $ 2.19
BNB (BNB) $ 659.82
Solana (SOL) $ 157.44
USDC (USDC) $ 0.999768
Dogecoin (DOGE) $ 0.194265
TRON (TRX) $ 0.266342
Cardano (ADA) $ 0.689608
Lido Staked Ether (STETH) $ 2,533.55
Wrapped Bitcoin (WBTC) $ 104,640.00
Hyperliquid (HYPE) $ 32.95
Sui (SUI) $ 3.25
Wrapped stETH (WSTETH) $ 3,049.57
Chainlink (LINK) $ 14.11
Avalanche (AVAX) $ 20.90
Bitcoin Cash (BCH) $ 417.14
Stellar (XLM) $ 0.266218
LEO Token (LEO) $ 8.62
Toncoin (TON) $ 3.14
Shiba Inu (SHIB) $ 0.000013
USDS (USDS) $ 0.999714
Hedera (HBAR) $ 0.168006
WETH (WETH) $ 2,537.50
Litecoin (LTC) $ 87.60
Wrapped eETH (WEETH) $ 2,711.93
Polkadot (DOT) $ 4.10
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Monero (XMR) $ 319.95
Bitget Token (BGB) $ 4.74
Ethena USDe (USDE) $ 1.00
Pepe (PEPE) $ 0.000012
Pi Network (PI) $ 0.654183
Coinbase Wrapped BTC (CBBTC) $ 104,694.00
WhiteBIT Coin (WBT) $ 31.31
Dai (DAI) $ 0.999669
Aave (AAVE) $ 252.82
Bittensor (TAO) $ 429.09
Uniswap (UNI) $ 6.14
Cronos (CRO) $ 0.107063
Ethena Staked USDe (SUSDE) $ 1.18
OKB (OKB) $ 50.45
Aptos (APT) $ 4.78
Jito Staked SOL (JITOSOL) $ 189.87
NEAR Protocol (NEAR) $ 2.42
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Tokenize Xchange (TKX) $ 33.36
Ondo (ONDO) $ 0.837930
Internet Computer (ICP) $ 4.89
Ethereum Classic (ETC) $ 17.04
sUSDS (SUSDS) $ 1.05
Gate (GT) $ 19.22
Mantle (MNT) $ 0.674064
Official Trump (TRUMP) $ 11.30
Kaspa (KAS) $ 0.085019
USD1 (USD1) $ 0.999790
VeChain (VET) $ 0.024301
Render (RENDER) $ 3.88
Artificial Superintelligence Alliance (FET) $ 0.764857
Cosmos Hub (ATOM) $ 4.35
Lombard Staked BTC (LBTC) $ 104,433.00
POL (ex-MATIC) (POL) $ 0.214689
Fasttoken (FTN) $ 4.43
Ethena (ENA) $ 0.307124
Worldcoin (WLD) $ 1.15
Filecoin (FIL) $ 2.59
Algorand (ALGO) $ 0.195690
Arbitrum (ARB) $ 0.342994
First Digital USD (FDUSD) $ 0.998745
Quant (QNT) $ 108.37
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.46
Jupiter (JUP) $ 0.532939
Binance-Peg WETH (WETH) $ 2,541.28
Celestia (TIA) $ 2.22
KuCoin (KCS) $ 11.27
Binance Staked SOL (BNSOL) $ 165.94
Virtuals Protocol (VIRTUAL) $ 2.08
USDT0 (USDT0) $ 0.999880
Bonk (BONK) $ 0.000017
Sonic (S) $ 0.394921
NEXO (NEXO) $ 1.24
Rocket Pool ETH (RETH) $ 2,884.93
Injective (INJ) $ 12.27
Story (IP) $ 4.21
Kelp DAO Restaked ETH (RSETH) $ 2,651.32
Stacks (STX) $ 0.750538
Flare (FLR) $ 0.017217
Optimism (OP) $ 0.656548
Fartcoin (FARTCOIN) $ 1.10
Sei (SEI) $ 0.194168
Immutable (IMX) $ 0.555518
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999708
Solv Protocol BTC (SOLVBTC) $ 104,484.00
EOS (EOS) $ 0.647731
XDC Network (XDC) $ 0.060208
SPX6900 (SPX) $ 1.01
Mantle Staked Ether (METH) $ 2,705.84
The Graph (GRT) $ 0.096423
PayPal USD (PYUSD) $ 0.999445
Curve DAO (CRV) $ 0.666523
Maker (MKR) $ 1,575.18
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,386.00
dogwifhat (WIF) $ 0.861440
Wrapped BNB (WBNB) $ 660.04
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
StakeWise Staked ETH (OSETH) $ 2,659.73
Jupiter Staked SOL (JUPSOL) $ 175.14
Renzo Restaked ETH (EZETH) $ 2,657.17
FLOKI (FLOKI) $ 0.000086
clBTC (CLBTC) $ 104,896.00
Tether Gold (XAUT) $ 3,293.57
DeXe (DEXE) $ 14.24
Zcash (ZEC) $ 50.19
PAX Gold (PAXG) $ 3,303.09
Theta Network (THETA) $ 0.761750
Lido DAO (LDO) $ 0.847983
Marinade Staked SOL (MSOL) $ 204.26
GALA (GALA) $ 0.016728
JasmyCoin (JASMY) $ 0.015405
PancakeSwap (CAKE) $ 2.30
Raydium (RAY) $ 2.52
Core (CORE) $ 0.708573
Ethereum Name Service (ENS) $ 20.95
IOTA (IOTA) $ 0.181634
Pyth Network (PYTH) $ 0.119605
BitTorrent (BTT) $ 0.00000069
Stables Labs USDX (USDX) $ 1.00
OUSG (OUSG) $ 111.26
Bitcoin SV (BSV) $ 33.56
The Sandbox (SAND) $ 0.272359
Solv Protocol Staked BTC (XSOLVBTC) $ 104,249.00
Pendle (PENDLE) $ 4.04
Walrus (WAL) $ 0.493523
Pudgy Penguins (PENGU) $ 0.010244
Usual USD (USD0) $ 0.997589
Polyhedra Network (ZKJ) $ 2.01
Kaia (KAIA) $ 0.105483
Tezos (XTZ) $ 0.571223
Helium (HNT) $ 3.20
THORChain (RUNE) $ 1.66
Ondo US Dollar Yield (USDY) $ 1.08
Flow (FLOW) $ 0.365856
L2 Standard Bridged WETH (Base) (WETH) $ 2,539.45
Ket (KET) $ 0.566442
Jito (JTO) $ 1.68
Super OETH (SUPEROETH) $ 2,539.43
Saros (SAROS) $ 0.211350
Onyxcoin (XCN) $ 0.016094
Brett (BRETT) $ 0.054206
cgETH Hashkey Cloud (CGETH.HASH) $ 2,640.96
Mantle Restaked ETH (CMETH) $ 2,707.90
Decentraland (MANA) $ 0.274219
Zebec Network (ZBCN) $ 0.006395
Grass (GRASS) $ 1.80
SyrupUSDC (SYRUPUSDC) $ 1.10
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 104,673.00
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,537.50
Binance-Peg Dogecoin (DOGE) $ 0.194605
TrueUSD (TUSD) $ 0.998200
ApeCoin (APE) $ 0.610233
KAITO (KAITO) $ 2.00
tBTC (TBTC) $ 104,641.00
Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999715
Dog (Bitcoin) (DOG) $ 0.004589
Beldex (BDX) $ 0.063698
Kava (KAVA) $ 0.418899
Falcon USD (USDF) $ 0.999734
AIOZ Network (AIOZ) $ 0.381115
Aethir (ATH) $ 0.047827
MultiversX (EGLD) $ 15.35
Aerodrome Finance (AERO) $ 0.522265
Wrapped HYPE (WHYPE) $ 32.99
dYdX (DYDX) $ 0.548857
Arweave (AR) $ 6.45
NEO (NEO) $ 5.93
pumpBTC (PUMPBTC) $ 101,905.00
Starknet (STRK) $ 0.134431
Eigenlayer (EIGEN) $ 1.37
eCash (XEC) $ 0.000021
Reserve Rights (RSR) $ 0.007234
APENFT (NFT) $ 0.00000042
Axie Infinity (AXS) $ 2.54
Circle USYC (USYC) $ 1.09
USDB (USDB) $ 0.996420
MimbleWimbleCoin (MWC) $ 35.88
Ronin (RON) $ 0.602545
Mantle Bridged USDT (Mantle) (USDT) $ 1.00
Conflux (CFX) $ 0.076467
ether.fi Staked ETH (EETH) $ 2,529.63
Liquid Staked ETH (LSETH) $ 2,745.01
BUILDon (B) $ 0.380741
USDD (USDD) $ 1.00
Ether.fi (ETHFI) $ 1.16
Chiliz (CHZ) $ 0.039035
Stader ETHx (ETHX) $ 2,689.36
Livepeer (LPT) $ 9.05
DeepBook (DEEP) $ 0.148251
Maple Finance (SYRUP) $ 0.343842
Compound (COMP) $ 40.60

Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets

By admin On Jul 23, 2024

In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the significant threshold of 75. Since then, however, the ASI score has dropped to 24, indicating that a period of increased gains for alternative cryptocurrencies is now more distant.

Bitcoin Outperforms Altcoins as ASI Score Drops to 24

For a while now, it’s been bitcoin (BTC) season, with BTC maintaining its dominance since the significant crypto crashes in 2022. Both the FTX and Terra/LUNA collapses took place that year. The last official altcoin season occurred during the 2021 bull run, with only two brief periods in January and March 2024 breaking the trend. Essentially, if 75% of the top 50 coins outperform bitcoin over the last season (90 days), it is considered altcoin season.

An Altcoin Season Index (ASI) score of 75 or above signifies altcoin season. Scores below 75 indicate it’s bitcoin season. Earlier this month on July 12, the score reached a peak of 46 but has since fallen 47.82% to a low of 24. This suggests it remains bitcoin season, pushing altcoin season further out of reach. Despite the spot ethereum exchange-traded funds (ETFs) being listed on July 23, BTC has outperformed ethereum (ETH).

For example, over the past two weeks, BTC has increased by 20.4%, and in the last week alone, bitcoin has risen 7.1% against the U.S. dollar. In contrast, ETH is up 16.2% over the same two weeks and only 2.2% over the last seven days against the dollar. In the past 24 hours, the smart contract token economy has dipped 0.1% and is currently valued at $724.05 billion. Toncoin (TON) was the top performer over the past 90 days, with a 193.2% increase.

As the ASI score remains well below the 75 threshold, the landscape continues to favor bitcoin over altcoins. The persistence of bitcoin’s dominance suggests that investors may need to wait longer for a resurgence of altcoin-driven gains. Despite recent innovations in the crypto market, including the new ethereum ETFs, the momentum for altcoins remains subdued.

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