Altcoin Season Index Shows Signs of Recovery Amidst Market Volatility

Recent market fluctuations are causing the Altcoin Season Index to show signs of a recovery, rising from a recent low of 14 to 18 according to data compiled by CoinMarketCap. While this increase is positive, it’s still significantly lower than the March average of 32 and February’s average of 43. The Altcoin Season Index has been steadily declining since reaching an annual high of 87 on December 4th, 2024. Notably, outperforming Bitcoin in the past 90 days is a limited group; only ten tokens within the top 100 cryptocurrencies by market cap have achieved this feat. Top-performing altcoins over this period include FORM and MKR.