Data: In the past 90 days, only 17 top 100 tokens such as BERA and BGB have outperformed BTC.
On March 10, CoinMarketCap market data revealed that only 17 of the top 100 tokens by market capitalization had risen more than BTC in the past 90 days, including BERA (+ 499%), IP (+ 81%), BGB (+ 78%), etc. BTC performed by -15% during the same period.
It is understood that the counterfeit products quarterly index (Altcoin Season Index) is a new feature launched by CoinMarketCap to measure the popularity of counterfeit products, which counts how many tokens have surpassed BTC in the market performance of the top 100 assets by market capitalization.
If the value is around 75, the market is more likely to be in the counterfeit products season (Altcoin Season), below 25, it is most likely in the Bitcoin season (Bitcoin Season). Since February 27, the index has been below 25 for 12 consecutive days.