CoinMarketCap Altcoin Season Index falls to 33, down two points

  • CoinMarketCap’s Altcoin Season Index fell two points to 33.
  • The index compares 90-day performance among Bitcoin and the top 100 cryptocurrencies.
  • Bitcoin has remained favored as altcoins delivered mixed performance during market consolidation.

CoinMarketCap’s Altcoin Season Index fell two points from the previous day to 33, indicating that the market continues to favor Bitcoin over altcoins. The index compares the 90-day performance of Bitcoin with that of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens. CoinMarketCap defines altcoin season as a period when at least 75% of those assets outperform Bitcoin, while readings below 25 typically indicate Bitcoin season. The current reading remains in a neutral-to-Bitcoin-favoring range and has trended lower in recent weeks. Bitcoin has held above key support levels during a period of consolidation, while large-cap altcoins have posted mixed results. The index is updated daily but remains a lagging indicator, so investors should consider it alongside volume, on-chain activity and market sentiment.

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CoinMarketCap Altcoin Season Index falls to 33, down two points - CoinPost Terminal