CoinMarketCap altcoin season index rises 4 points to 46

CoinMarketCap’s Altcoin Season Index rose four points from yesterday to 46. 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. A market is considered to be in altcoin season when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days. The opposite is considered Bitcoin season. A reading closer to 100 indicates stronger altcoin season conditions.