Altcoin Season Index Hits 36: Bitcoin Dominance Persists in Current Market Cycle
The Altcoin Season Index has fallen to 36, indicating that Bitcoin continues to outperform most major altcoins in the current market cycle.
CoinMarketCap's metric tracks the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens, over a 90-day period.
A reading below 50 typically suggests a Bitcoin-dominated market, while a score above 75 signals an altcoin season. Currently, the index reflects a trend where investors favor Bitcoin over smaller digital assets.
This trend has been visible in recent months, with Bitcoin's dominance hovering near multi-year highs. For traders, this signals that altcoins may continue to underperform until market sentiment shifts or a new catalyst emerges.