CoinMarketCap altcoin season index stands at 42

CoinMarketCap’s Altcoin Season Index came in at 42. The metric compares the price performance of Bitcoin with that of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins. A market is considered to be in altcoin season when 75% of the top 100 coins outperform Bitcoin over the past 90 days, while the opposite is regarded as Bitcoin season. A reading closer to 100 indicates stronger altcoin season conditions.