Bitcoin Dominance Persists as Altcoin Season Index Falls to 36

CoinMarketCap's Altcoin Season Index has dropped to 36, indicating that Bitcoin is dominating the current market cycle.

The index compares the 90-day price change of Bitcoin against the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens. A reading below 50 typically suggests a Bitcoin-dominated market, while a score above 75 signals an altcoin season.

A low reading means fewer than 75% of the top 100 altcoins have outperformed Bitcoin over the past 90 days. This trend has been visible in recent months, with Bitcoin's dominance hovering near multi-year highs.

The current market environment favors the leading cryptocurrency, and investors should be cautious when allocating their portfolios to altcoins. A sustained rise above 75 would signal a change in market leadership, but this is not a predictive tool.