Altcoin Season Index falls to 40

The Altcoin Season Index from crypto data platform CoinMarketCap has fallen one point from yesterday to 40. The index measures whether an altcoin season is underway by tracking if 75% of the top 100 cryptocurrencies, excluding stablecoins and wrapped coins, have outperformed Bitcoin over the past 90 days. The opposite scenario is considered a Bitcoin season. A reading closer to 100 indicates a stronger altcoin season.