According to CoinMarketCap, the Altcoin Season Index just climbed to 35, up from 29 on August 11.
🧐 What’s the Index?
Measures how many top 100 cryptos beat Bitcoin over the past 90 days.
Current reading: 35 coins out of 100 are outperforming BTC.
Full-blown “Altcoin Season” typically means an index above 75 — so we’re not there yet.
🔍 Why It Matters
A rising index = altcoins gaining relative strength vs. BTC.
Could hint at traders rotating profits from Bitcoin into mid-cap and smaller-cap plays.
Still early — we’re in the altcoin pre-season warm-up, not the main game.
📈 Quick Snapshot
Altcoin Season Index: 35 (↑ from 29)
BTC Dominance: Still holding strong, but slightly dipping.
Market Sentiment: Cautious optimism — traders are watching for momentum confirmation.
Bottom line? Alts are starting to flex, but BTC still runs the show. Keep an eye on this index — the next few weeks could decide if we enter full-on alt season.
⚠️ DYOR. Not financial advice.
Stay sharp and stay informed