CoinMarketCap Altcoin Season Index Holds at 44 as Market Remains Neutral

BitcoinWorld CoinMarketCap Altcoin Season Index Holds at 44 as Market Remains Neutral CoinMarketCap’s Altcoin Season Index remained at 44 today, unchanged from the previous day, signaling that the cryptocurrency market is still in a neutral phase between Bitcoin season and altcoin season.

The index, which measures the relative performance of the top 100 cryptocurrencies against Bitcoin over a 90-day period, has been hovering around this level for several days, indicating a lack of decisive momentum in either direction.

Understanding the Altcoin Season Index The Altcoin Season Index is calculated by comparing the price performance of Bitcoin with that of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens.

When 75% of these top 100 coins outperform Bitcoin over the past 90 days, the market is considered to be in an altcoin season. Conversely, if fewer coins beat Bitcoin, the market is in Bitcoin season.