Altcoin Season Index Falls to 33 as Bitcoin Dominance Persists

CoinMarketCap's Altcoin Season Index has fallen to 33, indicating that Bitcoin continues to dominate the crypto market.

The index measures the performance of the top 100 cryptocurrencies by market capitalization against Bitcoin over a 90-day period. A reading above 75 indicates an altcoin season, while below 25 suggests Bitcoin season.

The current reading of 33 remains in a neutral-to-Bitcoin-favoring zone, suggesting that although some altcoins are showing relative strength, the overall market sentiment still leans toward Bitcoin as the dominant asset. The index's decline comes amid a period of consolidation for Bitcoin, which has maintained its position above key support levels.