CoinMarketCap altcoin season index falls 4 points to 52 from yesterday

CoinMarketCap’s Altcoin Season Index came in at 52, down four points from yesterday. The index is calculated by comparing Bitcoin’s price performance with that of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. A CoinNess analysis shows altcoin season is identified when 75% of the top 100 coins post gains over the past 90 days that exceed Bitcoin’s return over the same period. The opposite is considered Bitcoin season. A reading closer to 100 indicates stronger altcoin season conditions.