Altcoin season index stands at 55

CoinMarketCap’s Altcoin Season Index stood at 55. 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 CoinNess analysis shows the market is considered to be in altcoin season when 75% of the top 100 coins outperform Bitcoin over the past 90 days, and in Bitcoin season in the opposite case. The closer the reading is to 100, the stronger the altcoin season signal.