Altcoin Season Index Hits Neutral at 41
The Altcoin Season Index has dropped to 41, signaling that the cryptocurrency market is currently in a neutral phase. This means neither Bitcoin nor altcoins are dominating performance over the past 90 days.
According to CoinMarketCap's index, which tracks the price performance of the top 100 cryptocurrencies by market capitalization (excluding stablecoins and wrapped tokens), this reading indicates a mixed market where some altcoins outperform Bitcoin while others do not.
This neutral stance may suggest that investors are rotating between assets rather than committing to a single narrative. It also highlights the importance of diversification, as the market appears to be rewarding selective altcoin picks over broad-based rallies.