Altcoin Season Index rises to 38

CoinMarketCap's Altcoin Season Index has climbed one point from the previous day to 38. The index compares 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, if Bitcoin outperforms the majority, it is considered a "Bitcoin season." A score closer to 100 indicates a stronger altcoin season.