Altcoin Season Index Hits New High, Signaling Shift in Crypto Dominance

The Altcoin Season Index has reached a significant milestone, surging to 59 according to data from Coinmarketcap. This indicates that over the past 90 days, approximately 59 out of the top 100 cryptocurrencies by market capitalization have surpassed Bitcoin in performance. This index provides real-time insight into whether current cryptocurrency market trends are favoring altcoins.