According to BlockBeats, data from Coinmarketcap reveals that the Altcoin Season Index has dropped to 38, down from 42 the previous day. This index indicates that in the past 90 days, approximately 38 out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.
The CMC Altcoin Season Index serves as a real-time indicator to assess whether the cryptocurrency market is currently in a season dominated by altcoins. It is based on the performance of the top 100 altcoins relative to Bitcoin over the last 90 days.
