Altcoin Season Index: According to an update dated May 8, 2025, the Altcoin Season Index is 29/100, indicating that the market is still in a phase dominated by Bitcoin. It is generally believed that an index above 75 signals a real altcoin season.
• Bitcoin dominance decline: Bitcoin dominance has fallen by roughly 2% over the past week, which traders often interpret as the beginning of a shift in capital toward altcoins.
• Altcoin performance: Although the market is still dominated by Bitcoin, some altcoins have nonetheless shown strong performance, such as FARTCOIN up 1,367% over 90 days, MKR up 105%, and CAKE up 75.42%.
$Fartcoin $SOL $BTC #FINMAAcceleratesAIForCryptoOversight
• Bitcoin dominance decline: Bitcoin dominance has fallen by roughly 2% over the past week, which traders often interpret as the beginning of a shift in capital toward altcoins.
• Altcoin performance: Although the market is still dominated by Bitcoin, some altcoins have nonetheless shown strong performance, such as FARTCOIN up 1,367% over 90 days, MKR up 105%, and CAKE up 75.42%.
$Fartcoin $SOL $BTC #FINMAAcceleratesAIForCryptoOversight