Understanding the Altcoin Season Index

The Altcoin Season Index, tracked by reputable platforms like CoinMarketCap (CMC), serves as a simple yet powerful tool for gauging market sentiment and performance trends. It provides a snapshot of how altcoins are performing relative to Bitcoin over a specific period.

Here’s a breakdown of what the index measures:

Top 100 Coins: It focuses on the performance of the top 100 cryptocurrencies by market capitalization listed on CMC.

90-Day Performance: The index looks at the performance of these coins over the past 90 days.

Relative to Bitcoin: The core comparison is how many of these top 100 altcoins have outperformed Bitcoin’s price performance during that 90-day window.

Exclusions: Importantly, the index excludes stablecoins and wrapped tokens, as their price movements don’t reflect speculative market trends in the same way as volatile cryptocurrencies.

The index is presented as a score ranging from 1 to 100.