## Altcoin Season Index Stays at 36: What Does It Mean? The Altcoin Season Index, a metric provided by CoinMarketCap, remained unchanged at 36 today. This index attempts to gauge whether altcoins (cryptocurrencies other than Bitcoin) are outperforming Bitcoin. ## How the Altcoin Season Index Works The index assesses the performance of the top 100 cryptocurrencies (excluding stablecoins and wrapped tokens) against Bitcoin over the preceding 90 days. An Altcoin Season is declared when 75% of these altcoins outperform Bitcoin. A higher index value, approaching 100, indicates a stronger Altcoin Season. ## Implications of the Current Index Value With a score of 36, we are currently not in an Altcoin Season. This suggests that Bitcoin is currently holding its dominance in the cryptocurrency market. While individual altcoins may experience pumps, a widespread altcoin rally is not indicated by the index at this time. Investors should monitor the index for potential shifts in market sentiment. ```

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