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The altcoin market continues to heat up, with "TOTAL3" rising by 10.66% in the past 7 days, signaling the possible emergence of an alt season.
On September 14, according to market data, the current Crypto Assets "alts" market is continuing to heat up, with the TOTAL3 indicator (the total market capitalization of crypto assets excluding BTC and ETH) rising 10.66% over the past 7 days. During the same period, Bitcoin's market share fell by 1.92%, while Ethereum's market share rose by 2.23%. As of the time of writing, the total market capitalization of crypto assets across the network reached $4.17 trillion. The CMC altcoin season index has climbed to 72, reaching a new high within the 90-day observation range; this index indicates that over the past 90 days, about 72 out of the top 100 crypto assets by market capitalization have outperformed Bitcoin.