Altcoin Season Index sits at 22

CoinMarketCap's Altcoin Season Index is currently at 22. The index determines whether market conditions favor altcoins or Bitcoin by comparing the price performance of the top 100 cryptocurrencies, excluding stablecoins and wrapped coins, against Bitcoin over the past 90 days. An altcoin season is declared when 75% of these top altcoins outperform Bitcoin during that timeframe. A score closer to 100 indicates a strong altcoin season, while the current reading suggests it is a Bitcoin season.