TechFlow reports on January 27 that CoinMarketCap data shows the Altcoin Season Index currently stands at 42, down 6 points from yesterday. This index indicates that over the past 90 days, approximately 42 out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin in terms of gains.
The CMC Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is entering an altcoin-dominated season. The index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.
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