Just checked the altcoin season index and it's sitting at 43 right now, down 1 point from yesterday. For those not familiar, this metric basically tracks whether altcoins are actually outperforming Bitcoin or not. The way CoinMarketCap defines altcoin season is pretty specific - they're looking at whether 75% of the top 100 cryptocurrencies (excluding stablecoins and wrapped tokens) beat Bitcoin's returns over a 90-day window. So when the altcoin season index drops like this, it's telling us that fewer alts are managing to outpace BTC. At 43, we're still pretty far from a true altcoin season environment. The index shows most alts are still trailing Bitcoin's performance lately. Worth keeping an eye on if you're trying to time when to rotate into altcoins.

BTC0.34%
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