TechFlow reports, on December 29, CoinMarketCap data shows the Altcoin Season Index currently stands at 48, up 1 point from yesterday, indicating that a clear altseason has not yet begun. The index reveals that approximately 48 out of the top 100 cryptocurrencies by market cap have outperformed Bitcoin over the past 90 days.
The CMC Altcoin Season Index is a real-time metric based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days, commonly used to determine whether the current crypto market is entering an altcoin-dominated season.
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