Altcoin Season Index drops to 24

The Altcoin Season Index from crypto data platform CoinMarketCap has dropped seven points from yesterday to 24. The index is calculated by comparing the price performance of the top 100 coins by market capitalization, excluding stablecoins and wrapped tokens, against Bitcoin. A period is defined as an altcoin season if 75% of the top 100 coins have outperformed Bitcoin over the past 90 days. Otherwise, it is considered a Bitcoin season. A reading closer to 100 indicates an altcoin season.