CoinMarketCap's Altcoin Season Index registers at 23

CoinMarketCap's Altcoin Season Index currently stands at 23. The index is calculated by comparing the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins, against Bitcoin over the past 90 days. An altcoin season is declared when 75% of these top coins outperform Bitcoin during this period. A score closer to 100 signifies an altcoin season, while the opposite condition is considered a Bitcoin season.