Altcoin Season Index registers at 24

CoinMarketCap's Altcoin Season Index currently stands at 24. The index is calculated by comparing the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens, against Bitcoin over the past 90 days. An altcoin season is declared when 75% of these top coins outperform Bitcoin over the 90-day period. A reading closer to 100 signifies an altcoin season, while the current level indicates that market momentum favors Bitcoin.