Altcoin Season Index Inches Up to 46: What It Signals for the Crypto Market
BitcoinWorld Altcoin Season Index Inches Up to 46: What It Signals for the Crypto Market CoinMarketCap’s Altcoin Season Index rose four points to 46 on [current date], reflecting a modest shift in market dynamics.
The index, which measures whether altcoins are outperforming Bitcoin, remains below the threshold that would signal a full altcoin season, but the uptick suggests growing interest in alternative cryptocurrencies.
Understanding the Altcoin Season Index The Altcoin Season Index compares the price performance of Bitcoin with that of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens.
When 75% of those top 100 coins outperform Bitcoin over a 90-day period, the index indicates an altcoin season. Conversely, when fewer than 25% of these coins beat Bitcoin, it signals a Bitcoin season.
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