CoinMarketCap Altcoin Season Index falls 1 point to 46

CoinMarketCap’s Altcoin Season Index came in at 46, down one point from yesterday. The index, published by the cryptocurrency market data platform, is based on a comparison of price performance between Bitcoin and the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. Altcoin season is identified when 75% of the top 100 coins outperform Bitcoin over the past 90 days, while the opposite is considered Bitcoin season. A reading closer to 100 indicates stronger altcoin-season conditions.