Altcoin Season Index falls to 49

CoinMarketCap's Altcoin Season Index has dropped one point from the previous day to 49. The index is calculated by comparing the price performance of the top 100 cryptocurrencies, excluding stablecoins and wrapped coins, against Bitcoin. An "altcoin season" is declared when 75% of these top coins have outperformed Bitcoin over the past 90 days, while the opposite is considered a "Bitcoin season." A score closer to 100 indicates a stronger altcoin season.