CMC Altcoin Seasonal Index Hits 18, Showing Market Still Dominated by Bitcoin

Odaily News The CMC Altcoin Seasonal Index hit 18, showing a slight recovery in the market, but still a significant drop from the March average of 32 points and the February average of 43 points, indicating that the market is still dominated by Bitcoin.
The CMC Altcoin Season Index is a tool that helps determine whether the market is in an altcoin season or a bitcoin season by tracking the performance of the top 100 cryptocurrencies over the past 90 days. When 75% or more of altcoins outperform Bitcoin, the market is considered to be in an altcoin season.