On April 13, news reports that the CMC Altcoin Season Index reached 18, indicating a slight market recovery, but still significantly down from the March average of 32 points and February average of 43 points, suggesting that the market is still dominated by Bitcoin.

The CMC Altcoin Season Index is a tool that helps determine whether the market is in an altcoin season or a Bitcoin season by tracking the performance of the top 100 cryptocurrencies over the past 90 days. When 75% or more of the altcoins perform better than Bitcoin, the market is considered to be in an altcoin season.