Altcoin Season Index rises to 31

CoinMarketCap's Altcoin Season Index has risen two points from yesterday to 31. The index is calculated by comparing the price performance of the top 100 cryptocurrencies, 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 during that period, while the opposite is considered a Bitcoin season. A score closer to 100 is indicative of an altcoin season.