Altcoin Season Index Rises to 42, Up 8 Points From Previous Day

The Altcoin Season Index, as tracked by cryptocurrency data platform CoinMarketCap, has risen by 8 points to 42 from the previous day. The index measures the price movement comparison 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 growth during that timeframe, while the opposite scenario indicates a 'Bitcoin Season.' The index approaches 100 as the market shifts toward altcoin dominance.