• bitcoinBitcoin (BTC) $ 112,171.00
  • ethereumEthereum (ETH) $ 4,091.98
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 1,212.61
  • xrpXRP (XRP) $ 2.49
  • solanaSolana (SOL) $ 202.37
  • usd-coinUSDC (USDC) $ 0.999902
  • staked-etherLido Staked Ether (STETH) $ 4,089.46
  • dogecoinDogecoin (DOGE) $ 0.203490
  • tronTRON (TRX) $ 0.317630
  • cardanoCardano (ADA) $ 0.693135
  • wrapped-stethWrapped stETH (WSTETH) $ 4,973.46
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,405.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 112,003.00
  • chainlinkChainlink (LINK) $ 18.98
  • figure-helocFigure Heloc (FIGR_HELOC) $ 0.991161
  • ethena-usdeEthena USDe (USDE) $ 0.999593
  • wrapped-eethWrapped eETH (WEETH) $ 4,414.77
  • stellarStellar (XLM) $ 0.337217
  • bitcoin-cashBitcoin Cash (BCH) $ 535.06
  • hyperliquidHyperliquid (HYPE) $ 39.34
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  • avalanche-2Avalanche (AVAX) $ 22.56
  • wethWETH (WETH) $ 4,090.55
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • leo-tokenLEO Token (LEO) $ 9.65
  • usdsUSDS (USDS) $ 0.999997
  • hedera-hashgraphHedera (HBAR) $ 0.188097
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 112,255.00
  • usdt0USDT0 (USDT0) $ 0.999343
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  • mantleMantle (MNT) $ 1.96
  • shiba-inuShiba Inu (SHIB) $ 0.000011
  • whitebitWhiteBIT Coin (WBT) $ 42.63
  • moneroMonero (XMR) $ 325.27
  • the-open-networkToncoin (TON) $ 2.28
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • crypto-com-chainCronos (CRO) $ 0.162317
  • polkadotPolkadot (DOT) $ 3.23
  • daiDai (DAI) $ 0.999869
  • bittensorBittensor (TAO) $ 444.60
  • zcashZcash (ZEC) $ 253.69
  • uniswapUniswap (UNI) $ 6.79
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.143947
  • aaveAave (AAVE) $ 253.35
  • okbOKB (OKB) $ 179.99
  • bitget-tokenBitget Token (BGB) $ 4.80
  • memecoreMemeCore (M) $ 1.97
  • ethenaEthena (ENA) $ 0.440658
  • pepePepe (PEPE) $ 0.000007
  • nearNEAR Protocol (NEAR) $ 2.45
  • aster-2Aster (ASTER) $ 1.47
  • jito-staked-solJito Staked SOL (JITOSOL) $ 250.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • chainopera-aiChainOpera AI (COAI) $ 14.25
  • usd1-wlfiUSD1 (USD1) $ 0.999719
  • susdssUSDS (SUSDS) $ 1.07
  • paypal-usdPayPal USD (PYUSD) $ 0.999921
  • aptosAptos (APT) $ 3.65
  • ethereum-classicEthereum Classic (ETC) $ 16.78
  • c1usdCurrency One USD (C1USD) $ 0.999991
  • ondo-financeOndo (ONDO) $ 0.795502
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,088.90
  • falcon-financeFalcon USD (USDF) $ 0.998729
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.59
  • story-2Story (IP) $ 6.65
  • worldcoin-wldWorldcoin (WLD) $ 0.957175
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.200208
  • binance-staked-solBinance Staked SOL (BNSOL) $ 217.70
  • gatechain-tokenGate (GT) $ 16.20
  • htx-daoHTX DAO (HTX) $ 0.000002
  • internet-computerInternet Computer (ICP) $ 3.48
  • kucoin-sharesKuCoin (KCS) $ 14.32
  • arbitrumArbitrum (ARB) $ 0.341738
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,678.27
  • usdtbUSDtb (USDTB) $ 0.999588
  • algorandAlgorand (ALGO) $ 0.203227
  • hash-2Provenance Blockchain (HASH) $ 0.035621
  • pi-networkPi Network (PI) $ 0.214624
  • bfusdBFUSD (BFUSD) $ 1.00
  • vechainVeChain (VET) $ 0.019162
  • cosmosCosmos Hub (ATOM) $ 3.46
  • wbnbWrapped BNB (WBNB) $ 1,213.36
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,317.31
  • kaspaKaspa (KAS) $ 0.060353
  • tether-goldTether Gold (XAUT) $ 4,189.27
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,316.39
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 39.22
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.024407
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  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,420.73
  • render-tokenRender (RENDER) $ 2.83
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  • sei-networkSei (SEI) $ 0.223302
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 112,139.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,337.93
  • pax-goldPAX Gold (PAXG) $ 4,201.23
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  • official-trumpOfficial Trump (TRUMP) $ 6.26
  • nexoNEXO (NEXO) $ 1.21
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  • filecoinFilecoin (FIL) $ 1.67
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  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999903
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 112,229.00
  • spx6900SPX6900 (SPX) $ 1.19
  • xdce-crowd-saleXDC Network (XDC) $ 0.061944
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997647
  • morphoMorpho (MORPHO) $ 1.95
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,403.47
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 231.31
  • doublezeroDoubleZero (2Z) $ 0.278078
  • celestiaCelestia (TIA) $ 1.15
  • injective-protocolInjective (INJ) $ 9.44
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 112,206.00
  • lido-daoLido DAO (LDO) $ 0.978180
  • clbtcclBTC (CLBTC) $ 113,092.00
  • fasttokenFasttoken (FTN) $ 2.01
  • optimismOptimism (OP) $ 0.480234
  • msolMarinade Staked SOL (MSOL) $ 269.15
  • blockstackStacks (STX) $ 0.469146
  • plasmaPlasma (XPL) $ 0.468069
  • ripple-usdRipple USD (RLUSD) $ 0.999889
  • curve-dao-tokenCurve DAO (CRV) $ 0.589502
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.309655
  • aerodrome-financeAerodrome Finance (AERO) $ 0.882466
  • ousgOUSG (OUSG) $ 112.93
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,894.97
  • global-dollarGlobal Dollar (USDG) $ 0.999909
  • sonic-3Sonic (S) $ 0.200620
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,090.26
  • the-graphThe Graph (GRT) $ 0.069305
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.85
  • flokiFLOKI (FLOKI) $ 0.000074
  • havvenSynthetix (SNX) $ 2.09
  • pyth-networkPyth Network (PYTH) $ 0.122544
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998206
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • saros-financeSaros (SAROS) $ 0.257051
  • kaiaKaia (KAIA) $ 0.114054
  • tezosTezos (XTZ) $ 0.623163
  • tbtctBTC (TBTC) $ 111,662.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,088.65
  • ether-fiEther.fi (ETHFI) $ 1.23
  • gtethGTETH (GTETH) $ 4,096.00
  • myx-financeMYX Finance (MYX) $ 3.31
  • stader-ethxStader ETHx (ETHX) $ 4,381.92
  • newton-projectAB (AB) $ 0.007581
  • iotaIOTA (IOTA) $ 0.151856
  • pendlePendle (PENDLE) $ 3.56
  • conflux-tokenConflux (CFX) $ 0.117023
  • usdaiUSDai (USDAI) $ 1.03
  • beldexBeldex (BDX) $ 0.079693
  • aethirAethir (ATH) $ 0.041763
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.42
  • rna-2RNA (SN117) $ 4,708.96
  • dogwifcoindogwifhat (WIF) $ 0.577034
  • dashDash (DASH) $ 46.16
  • theta-tokenTheta Network (THETA) $ 0.571882
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.85
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,506.37
  • the-sandboxThe Sandbox (SAND) $ 0.225471
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  • swethSwell Ethereum (SWETH) $ 4,511.12
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  • raydiumRaydium (RAY) $ 1.97
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  • true-usdTrueUSD (TUSD) $ 0.999327
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Analytics

Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets

By admin
0 91

Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets

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.

Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets

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).

Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets

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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