CoinMarketCap Altcoin Season Index Dips to 46 as Bitcoin Holds Market Lead

BitcoinWorld CoinMarketCap Altcoin Season Index Dips to 46 as Bitcoin Holds Market Lead CoinMarketCap’s Altcoin Season Index fell one point to 46, signaling that the cryptocurrency market remains in a phase where Bitcoin continues to outperform most alternative coins over the trailing 90-day period.

The reading, updated daily by the market data platform, reflects a comparative analysis of price performance between Bitcoin and the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens.

Understanding the Altcoin Season Index The index operates on a straightforward threshold: when 75% of the top 100 coins beat Bitcoin’s performance over the past three months, the market is considered to be in an ‘altcoin season.’ Conversely, when fewer coins achieve that benchmark, the market leans toward Bitcoin season.

A score closer to 100 indicates stronger altcoin momentum, while a lower score suggests Bitcoin dominance. At 46, the current reading sits in neutral territory but leans slightly toward Bitcoin.