Altcoin Season Index Rises to 40, Up 2 Points From Previous Day

CoinMarketCap's 'Altcoin Season Index' has risen by two points to 40, up from the previous day. The index compares price movements between the top 100 cryptocurrencies (excluding stablecoins and wrapped coins) and Bitcoin. An altcoin season is determined when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days; otherwise, it's considered a Bitcoin season. The index approaches 100 as altcoin seasons become more prominent.