The CoinMarketCap (CMC) Altcoin Season Index recently scored 35, suggesting that Bitcoin maintains its dominance over the cryptocurrency market. This index is a measure of the interest and strength of altcoins compared to Bitcoin.
This article examines how the index, along with related metrics, indicates a growing interest in altcoins, potentially leading to changes in market dynamics.
The analysis aims to shed light on the correlation between the Altcoin Season Index and the overall capitalization of the altcoin market.