The Altcoin Season Index, a widely followed market gauge, measures how altcoins perform compared to Bitcoin. A reading above 75 signals altcoin dominance, while below 25 points to Bitcoin control. In September, the index pulled back to 67/100 after briefly testing the 75 threshold earlier this year.
This drop triggered discussions across social platforms. Some traders argue altcoin season has only paused and could return strongly in October. Others believe Bitcoin is reclaiming dominance. The year has already shown volatility, with the index jumping between the low 30s and the upper 70s.
With the current reading sitting at 67, the market remains in critical territory. Traders are now closely watching “Uptober” to see if altcoins can push back toward the 75 mark, which would confirm a renewed wave of dominance.
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