CMC counterfeit products quarter index hits 18, indicating market is still dominated by bitcoin
On April 13, the CMC counterfeit products seasonal index hit 18, showing that the market has picked up slightly, but it is still 32 points lower than the average in March and 43 points in February, indicating that the market is still dominated by Bitcoin.
The CMC counterfeit products Season Index is a tool that tracks the performance of the top 100 cryptocurrencies over the past 90 days to help determine whether the market is in counterfeit products season or bitcoin season. When 75% or more of counterfeit products outperform bitcoin, the market is considered to be in counterfeit products season.