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The altcoin season index has dropped to 38.
On July 30, according to data from Coinmarketcap, the Altcoin Season Index fell to 38, having once risen to 55 on July 21. This index indicates that over the past 90 days, about 38 projects among the top 100 Crypto Assets by market capitalization have outperformed Bitcoin. Note: The CMC Crypto Assets Alt Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. This index is based on the performance of the top 100 alts relative to Bitcoin over the past 90 days.