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The bitcoin price chart is forming a potential lower high while ether languishes in a months-old range even as S&P 500 and Nasdaq 100 index futures push higher.
Bitcoin BTC $77,166.67 traded at $76,600 on Tuesday, down 0.8% since midnight UTC, as Monday's brief bounce to $77,800 fades. The move leaves the largest cryptocurrency potentially forming another l… [+3633 chars]
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An altcoin is any cryptocurrency other than Bitcoin, as Bitcoin was the first to capture global attention.
The index compares the 90-day price performance of the top 100 cryptocurrencies, excluding stablecoins and asset-backed wrapped tokens, against Bitcoin.
During this period, altcoins typically experience rapid price appreciation, increased market dominance, and higher trading volumes, often driven by market optimism and FOMO.
Yes, Ethereum is included in the altcoin mix for the purpose of the CoinMarketCap Altcoin Season Index.