Altcoin Season Index rises 5 points to 35

CoinMarketCap's Altcoin Season Index has risen five points from yesterday to 35. The index determines market sentiment by comparing the price performance of the top 100 coins, excluding stablecoins and wrapped tokens, against that of Bitcoin. An altcoin season is declared when 75% of these top 100 coins outperform Bitcoin over the preceding 90 days. Conversely, a period where Bitcoin outperforms the majority of top altcoins is considered a Bitcoin season. A reading closer to 100 suggests the market is in an altcoin season.