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Counterfeit products seasonal index rises to 33

The Altcoin Season Index of counterfeit products is at 33, up 2 points from 31 yesterday, according to Coinmarketcap. The index shows that about 33 of the top 100 cryptocurrencies by market cap have outperformed bitcoin in the past 90 days, and the market is still in the season dominated by bitcoin. It is reported that the CMC Cryptocurrency Counterfeit Products Quarterly Index is a real-time indicator to determine whether the current cryptocurrency market is in a season dominated by counterfeit products. The index is based on the performance of the top 100 counterfeit products relative to Bitcoin over the past 90 days.