#CryptoCharts101

The "Altcoin Season Index" of CoinMarketCap, a platform for general cryptocurrency information, is at 28. (08:30 Ulaanbaatar time)

The Altcoin Season Index is an indicator calculated by comparing the percentage change in the prices of coins that are among the top 100 by market capitalization to that of Bitcoin. If the growth of 75% of the top 100 coins over the last 90 days is higher than Bitcoin's growth, it is considered an "altcoin season"; otherwise, it is considered a "Bitcoin season." The closer the index is to 100, the more dominant the altcoin market is. Currently, the index is at 28, indicating that Bitcoin is in a dominant position.