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CoinMarketCap’s Altcoin Season Index stood at 38. The index compares price performance between Bitcoin and the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. A market is considered to be in altcoin season when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days, while the opposite is considered Bitcoin season. A reading closer to 100 indicates stronger altcoin season conditions.