[Alt rise coming?] Bitcoin central situation continues... alts season index 32

TechubNews
BTC-0,4%
ETH-2,72%

The cryptocurrency market continues to trend around Bitcoin, while alts remain weak.

According to the data from CoinMarketCap on the 18th, the alts season index is 32, a slight increase from the previous day (30).

The index is calculated based on the proportion of assets that have outperformed Bitcoin among the top 100 alts by market capitalization over the last 90 days (excluding stablecoins). The annual high was recorded on December 4, 2024, at 87, and the annual low was recorded on April 26 of this year at 12.

The current value of 32 shows a rebound compared to last week (26) and last month (24). Although it has left the “Bitcoin season (≤25)” range, market funds are still flowing more towards Bitcoin rather than alts.

As of now, the market capitalization of Bitcoin is approximately $179.48 billion, with a trading volume of $11.18 billion; the total market capitalization of alts is $130.51 billion, with a trading volume of $13.20 billion.

In terms of market share, Bitcoin accounts for 58.1%, down 1.2 percentage points from last week (59.3%) and down 0.7 percentage points from last month (58.8%). Meanwhile, alts (Ethereum + others) account for 41.9%, a slight increase from last week (40.7%).

Bitcoin is currently priced at $90,008, down 5.19% for the day. Its 90-day cumulative return is -20.78%, worsening from last week's -11.59%.

90-Day Yield Leading Crypto Assets / CoinMarketCap

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cloudflare Targets 2029 for Quantum-Safe Internet as Threat to Bitcoin Looms

In brief Cloudflare aims to make its platform fully post-quantum secure by 2029. New quantum research is compressing security timelines across the tech industry. The same cryptographic math protects internet

Decrypt21m ago

After a $2.4 million loss over the week, a mega whale opened a $30.2 million BTC short position with 40x leverage, with a liquidation price of $71,941

According to Gate News, after monitoring that 0x2fc “whale” suffered losses of over $2.4 million on April 9, it opened 423.4 BTC short positions with 40x leverage. The position size was about $30.2 million, with an average price of $71,113 and a liquidation price of $71,941; within less than half an hour, it was already down 11%.

GateNews25m ago

BTC up 0.49% in 15 minutes: Short squeeze and U.S. economic data jointly drive the market

From 2026-04-09 08:30 to 2026-04-09 08:45 (UTC), BTC surged quickly within the USDT 70979.6 to 71333.3 range. The 15-minute return was +0.49%, with a range (amplitude) of 0.50%. Near-term market volatility intensified, market attention increased significantly, the number of active on-chain addresses remained consistently above 120k, and daily trading volume exceeded $2.0 billion, reflecting rising user participation. The main driving force behind this abnormal move was a large-scale liquidation of short positions in the futures market, with approximately $273 million in short funds being forced to liquidate during this period

GateNews1h ago

Bitcoin’s implied volatility drops to an intra-year low, and the market is reacting mildly to Friday’s CPI data

April 9, U.S. March CPI data will be released on April 11. The market expects the year-over-year rate to rise from 2.4% to 3.4%. The Bitcoin market has responded calmly, with the options market’s volatility range only at 2.5%. Attention has been drawn by the rise in gasoline prices. Analysts believe that CPI data coming in either too soft or too hot will have different impacts on the crypto market.

GateNews1h ago
Comment
0/400
No comments