CMC Altcoin Seasonal Index drops to 36, indicating that the market is still dominated by Bitcoin

Odaily Planet Daily News The CMC Altcoin Season Index reached 64 in December 2024, marking the beginning of the altcoin season. However, the index has remained above 40 since early January this year and now shows signs of further decline. As of February 17, the index was 36, indicating that altcoins are still underperforming relative to Bitcoin. The CMC Altcoin Season Index is a tool that helps determine whether the market is in an altcoin season or a Bitcoin season by tracking the performance of the top 100 cryptocurrencies over the past 90 days. When 75% or more of altcoins outperform Bitcoin, the market is considered to be in an altcoin season.