The Altcoin Season Index, tracked by CoinMarketCap, remains at 46, indicating Bitcoin's dominance and altcoins lagging behind.
Understanding the Altcoin Season Index
The Altcoin Season Index measures whether altcoins or Bitcoin are leading the market gains over the past 90 days. If 75% of the top 100 altcoins outperform Bitcoin, it's Altcoin Season. When 25% or fewer altcoins outperform Bitcoin, it's Bitcoin Season.
Why Is Bitcoin Season Still Ongoing?
Key factors maintaining Bitcoin's control include institutional fund flow into Bitcoin, market uncertainty favoring Bitcoin, and delayed altcoin rotation. Historically, Altcoin Season follows Bitcoin's peak.
What Needs to Happen for Altcoin Season to Begin?
Altcoin Season requires altcoins to outperform Bitcoin, increased speculation in altcoins, and more institutional interest in altcoins. If these conditions align, the index could rise toward Altcoin Season levels.
The Altcoin Season Index remains at 46, confirming Bitcoin's market dominance. A true Altcoin Season requires stronger performance from a majority of the top 100 coins.
