What is the Altcoin Season Index?

Altcoin Season Index? The Altcoin Season Index, a tool provided by CoinMarketCap (CMC), is designed to gauge the prevailing sentiment in the cryptocurrency market.

How it helps? It helps investors understand whether altcoins are outperforming Bitcoin, or if Bitcoin is leading the charge.

What it tracks? This serves as a useful indicator for tracking market trends & potential shifts between Bitcoin & altcoin dominance. The Altcoin Season Index ranges from 0 to 100. 

What it means if it's Above 75 When the index reaches 75 or above, it signals an "altcoin season," a period when most altcoins outperform Bitcoin.

What it means if it's below 25? When the index reaches below 25 suggests Bitcoin dominance in the market.