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CoinMarketCap’s altcoin season index came in at 49, down one point from yesterday. The index is calculated by comparing the price performance of Bitcoin and the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins. A CoinNess analysis shows the market is considered to be in altcoin season when 75% of the top 100 coins outperform Bitcoin over the past 90 days, and in Bitcoin season in the opposite case. A reading closer to 100 indicates stronger altcoin season conditions.