Altcoin Season Index Rises, Indicating Increased Altcoin Strength

The Altcoin Season Index, as reported by CoinMarketCap, has increased by five points to reach 33, signaling a rise in altcoin strength relative to Bitcoin. According to NS3.AI, this index evaluates the price performance of the top 100 non-stablecoin, non-wrapped cryptocurrencies compared to Bitcoin. An altcoin season is defined when 75% of these coins outperform Bitcoin over a 90-day period, with a score of 100 representing maximum altcoin dominance.