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The Altcoin Season Index has moved above 50 after rising from 46 a month ago, signaling stronger performance across major cryptocurrencies outside Bitcoin. The reading remains below the level generally used to confirm a broad altcoin season.
Index moves into its transition range
The CoinMarketCap index recorded a reading of 53 on Sunday, compared with 51 a week earlier and 46 one month ago. Bitget’s version of the index showed a current score of 51 using the same historical comparison points.
The indicator measures how many leading altcoins have outperformed Bitcoin over a rolling 90-day period. A score of 75 or higher is generally classified as altcoin season, while a reading below 25 indicates that Bitcoin is leading most of the market.
The current level falls within a transition period. It indicates that performance is broadening, but does not confirm that most large altcoins are consistently beating Bitcoin.
Bitcoin dominance remains elevated
Bitcoin continues to control more than half of the total cryptocurrency market. CoinGecko placed Bitcoin dominance at about 56.7%, while CoinMarketCap reported a reading of approximately 58.2%. The difference reflects variations in the assets and market capitalization data included by each platform.
CoinGecko estimated the total crypto market at about $2.26 trillion, with Bitcoin accounting for roughly $1.29 trillion. Stablecoins held about $309 billion, or more than 13% of the total market. A sustained fall in Bitcoin dominance can indicate that capital is moving into Ethereum and other tokens. The current figures still show that Bitcoin remains the market’s primary source of liquidity and valuation.
Recent gains have not reached the entire market
The rising index suggests that more altcoins are outperforming Bitcoin over the longer 90-day window. Recent daily trading, however, has remained uneven.
Bitcoin traded around $64,000 on July 11 after recovering from a drop below $62,000 earlier in the week. Altcoins also faced pressure during the selloff, with Solana and XRP posting larger declines than Bitcoin after renewed geopolitical concerns reduced demand for risk assets.
That divergence shows why one index reading does not establish a market-wide rally. A small group of large tokens can strengthen the measure even while smaller assets remain weak or illiquid.
Full altcoin season remains unconfirmed
The index would need to rise above 75 to meet the widely followed definition of altcoin season. BlockchainCenter uses that threshold when at least 75% of its selected top 50 tokens outperform Bitcoin over 90 days. Stablecoins and asset-backed versions of other tokens are excluded.
Further confirmation would require broader gains, declining Bitcoin dominance and sustained trading activity outside the largest cryptocurrencies. A reversal in risk appetite could quickly interrupt the rotation because altcoins generally carry lower liquidity and higher volatility than Bitcoin.
The latest readings point to improving relative momentum rather than a completed market shift. Bitcoin remains dominant, but the performance gap between it and parts of the altcoin market has narrowed.
