As reported by COINOTAG on April 21st, data from CoinMarketCap indicates a modest recovery in the cryptocurrency market. The Altcoin Season Index has experienced a slight uptick from a recent nadir of 14 on Trump Tariff Day, now reaching 18. However, this figure remains markedly below the March average of 32 and February’s 43, showcasing ongoing struggles within the altcoin sector. Since peaking at a yearly high of 87 on December 4, 2024, the Altcoin Index has witnessed a prolonged downtrend. Notably, of the top 100 cryptocurrencies by market capitalization, only 10 have managed to outpace Bitcoin’s performance over the past 90 days. Highlighting this trend, the leading altcoins in this timeframe include FORM, AB, XCN, IP, and MKR, which demonstrate varied degrees of resilience in a challenging market environment.
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