Altcoin Season Index Drops to 50, Marking Neutral Market Balance
2026-07-23 12:20

Woofun AI data shows that the altcoin season index has declined to 50, a decrease of two points from the previous day. This metric evaluates the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens, against Bitcoin over a 90-day period. A reading of 50 signifies a balanced market state, where neither asset class demonstrates clear superiority. The index defines "altcoin season" when 75% or more of these assets outperform Bitcoin, while a score near zero indicates Bitcoin dominance. The current neutral standing suggests market participants are not heavily rotating into altcoins nor exclusively favoring Bitcoin. Historically, sustained periods near this level have preceded increased volatility or consolidation phases.

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Bitcoin
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