TechFlow reported on February 20 that CoinMarketCap data shows the Altcoin Season Index currently stands at 38, down 1 point from yesterday (previously 39). This index indicates that over the past 90 days, approximately 38 out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin. The market remains in a Bitcoin-dominated phase.
The CMC Altcoin Season Index is a real-time indicator designed to determine whether the current cryptocurrency market is experiencing 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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