Altcoin Season Index Drops to 38, Down 3 Points From Previous Day

The Altcoin Season Index, calculated by cryptocurrency data platform CoinMarketCap, dropped by 3 points to 38 from the previous day. The index compares price movements between the top 100 cryptocurrencies (excluding stablecoins and wrapped coins) and Bitcoin over a 90-day period. An 'Altcoin Season' is defined when 75% of the top 100 coins have outperformed Bitcoin in terms of price gains over the last 90 days; otherwise, it is considered a 'Bitcoin Season.' The index approaches 100 as it indicates stronger altcoin performance relative to Bitcoin.