Altcoin index may have surged overnight, but altcoin season is not here yet

The altcoin season index grew by 10 points overnight, as Bitcoin (BTC) simultaneously stepped back from its record range. With BTC now down to $92,000, altcoins have automatically claimed a larger share of the market. Bitcoin’s dominance is back to 57.3% after a brief hike above 60%. The altcoin season index is up to 59