Altcoin Season Index falls to 48

CoinMarketCap's Altcoin Season Index has fallen one point from the previous day to 48. The index determines whether Bitcoin or altcoins are outperforming the market. An 'altcoin season' is declared when 75% of the top 100 cryptocurrencies by market cap, excluding stablecoins and wrapped tokens, perform better than Bitcoin over a 90-day period. A score closer to 100 indicates conditions are favorable for an altcoin season.