Altcoin Season Index holds steady at 16

CoinMarketCap's Altcoin Season Index remains at 16, unchanged from yesterday. The index is calculated by comparing the price performance of the top 100 coins by market capitalization, excluding stablecoins and wrapped tokens, against Bitcoin over the last 90 days. An "altcoin season" is declared if 75% of these top coins outperform Bitcoin during that period, with a score closer to 100 indicating stronger altcoin performance.