Altcoin Season Index drops 1 point to 16

CoinMarketCap's Altcoin Season Index has fallen one point from yesterday to 16. The index determines market sentiment by comparing the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens, against Bitcoin over the past 90 days. An "altcoin season" is declared when 75% of these top coins outperform Bitcoin over that period. A score closer to 100 signals an altcoin season, while the current reading indicates a "Bitcoin season."