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Coin Edition 2024-11-28 12:40:00

Altcoin Season Index Hits 60 as Bitcoin Rally Challenges Market Liquidity

The Altcoin Season Index, tracked by CoinMarketCap, hit 60 on November 28. While slightly lower than the previous day’s 61, the market remains firmly in altcoin season, where the top 100 coins outperform Bitcoin overall. However, the current Bitcoin rally, fueled by institutional demand and ETFs, may reduce liquidity for smaller altcoins, making it harder The post Altcoin Season Index Hits 60 as Bitcoin Rally Challenges Market Liquidity appeared first on Coin Edition .

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