CoinMarketCap altcoin season index rises 2 points to 40

CoinMarketCap’s Altcoin Season Index rose two points from yesterday to 40. The index is calculated by comparing the price performance of Bitcoin with that of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. If 75% of the top 100 coins outperform Bitcoin over the past 90 days, the market is considered to be in altcoin season. The opposite is considered Bitcoin season. A reading closer to 100 indicates stronger altcoin season conditions.