Altcoin Season Index falls to 34

CoinMarketCap's Altcoin Season Index currently stands at 34, down one point from yesterday. The index is calculated by comparing the price performance of the top 100 coins by market capitalization—excluding stablecoins and wrapped coins—against that of Bitcoin over the last 90 days. An "altcoin season" is declared when 75% of these coins outperform Bitcoin over that period. Conversely, periods of Bitcoin dominance are referred to as a "Bitcoin season." A score closer to 100 indicates a stronger trend toward an altcoin season.