CoinMarketCap’s Altcoin Season Index fell seven points from the previous day to 37, indicating that only a minority of the top 100 cryptocurrencies have outperformed Bitcoin over the past 90 days. The index excludes stablecoins and wrapped tokens, and a reading of 75 or higher signals altcoin season. The current level therefore points to Bitcoin season and suggests that capital is favoring Bitcoin over the broader crypto market. Because the index is a lagging measure, it should be treated as one market reference rather than a definitive trading signal; regulatory developments, technology changes and macroeconomic conditions can also affect crypto performance.