Altcoin Season Index drops 2 points to 47

CoinMarketCap's Altcoin Season Index has dropped two points from the previous day to 47. The index compares the performance of the top 100 coins, excluding stablecoins and wrapped tokens, against Bitcoin over the last 90 days. An altcoin season is declared when 75% of these top coins outperform Bitcoin over that period. The opposite scenario is considered a Bitcoin season. A score closer to 100 signifies a stronger altcoin season.