#AltcoinBreakout
According to BlockBeats, recent data from Coinmarketcap reveals that the Altcoin Season Index has climbed to 49. This index indicates that in the past 90 days, approximately 49 out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.
The Altcoin Season Index is a real-time metric used to assess whether the cryptocurrency market is currently dominated by altcoins. It is based on the performance of the top 100 altcoins relative to Bitcoin over the last 90 days.