Binance CZ Weighs in as Altcoin Season Index Stays Low at 14/100

cryptonews.net 07/03/2025 - 13:48 PM

Bitcoin Dominates Altcoins

Altcoins are still trailing behind Bitcoin, according to CoinMarketCap’s altcoin season index, currently at 14/100. This index measures how many of the top 100 altcoins have outperformed Bitcoin over the last 90 days.

A score above 50 typically indicates an “altcoin season,” but the current reading shows Bitcoin remains dominant.

Former Binance CEO Changpeng “CZ” Zhao commented on this metric, stating, “I think this is a tough ranking system. 50 is probably a really good score,” emphasizing the struggle of altcoins compared to Bitcoin recently.

Altcoin Performance: Under Pressure

CoinMarket data reveal that Bitcoin has increased by 10.97% in the past three months, while many major altcoins have struggled. Some notable underperformers include:
HBAR: -24.33%
BNB: -19.01%
XDC: -19.09%
TRX: -25.36%

This further cements Bitcoin’s market dominance. Although there are exceptions like BERA‘s 564.70% surge and TRUMP’s 100.41% rally, overall market conditions do not yet indicate a full-blown altcoin season.

Some Altcoins Show Gains, But No “Season”

Meanwhile, altcoins like OM, IP, Dexe, and GT have recorded significant gains between 64% and 69%, outperforming Bitcoin but not igniting a broader altcoin surge.

Altcoin Season Hope? Trump’s Bitcoin Reserve Order in Focus

Discussion regarding a possible altcoin season has arisen following U.S. President Donald Trump’s executive order establishing a Bitcoin Strategic Reserve. This initiative designates the country’s 198K BTC tokens as a long-term store of value rather than liquid assets, aiming to prevent significant losses seen in past government Bitcoin sales.

U.S. Crypto Stockpile Includes Altcoins

The executive order also creates a U.S. crypto stockpile, including altcoins from enforcement actions. The government currently holds altcoins like Ethereum, TRON (TRX), and stablecoins USDT and USDC. However, the order states there will be no new acquisitions for altcoins, with Bitcoin purchases proceeding instead. Early announcements included holding XRP, Solana, and Cardano, but it remains unclear whether other currently held altcoins will be liquidated or sold to purchase more.

Disclaimer: The information presented in this article is for informational and educational purposes only. It does not constitute financial advice. Coin Edition is not responsible for any losses incurred from using the content or services mentioned.




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