Altcoin Season Index Slips to 35: What It Means for Crypto Markets
BitcoinWorld Altcoin Season Index Slips to 35: What It Means for Crypto Markets CoinMarketCap’s Altcoin Season Index has fallen to 35, a five-point drop from the previous day, signaling that Bitcoin is currently outperforming most major altcoins.
The index, which tracks the price performance of the top 100 cryptocurrencies by market capitalization (excluding stablecoins and wrapped tokens), is a widely watched gauge of market sentiment.
A reading below 50 typically indicates a ‘Bitcoin season,’ while a reading above 75 suggests a strong altcoin season. Understanding the Altcoin Season Index The Altcoin Season Index is calculated by comparing the 90-day performance of Bitcoin against the top 100 altcoins.
When at least 75% of those altcoins outperform Bitcoin, the index moves toward 100, indicating a shift in investor preference toward alternative cryptocurrencies.
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