The altcoin season index has decreased to 46, indicating changes in market trends
According to BlockBeats data, information from Coinmarketcap shows that the altcoin season index has dropped to 46, down from 50 the day before. This index indicates that over the last 90 days, approximately 46 out of the 100 top cryptocurrencies by market capitalization have outperformed Bitcoin.
The CMC altcoin season index serves as a real-time indicator to assess whether altcoins currently dominate the cryptocurrency market. It is based on the performance of the 100 top altcoins relative to Bitcoin over the last 90 days.