[Altcoin season watch] Index falls to 47 as Bitcoin dominance stands at 59.9%

Altcoins lost ground relative to Bitcoin this week, with the altcoin season index remaining in neutral territory as recent relative performance weakened.

The altcoin season index stood at 47 on November 3, according to CoinMarketCap.

The reading fell from 48 a day earlier and was below 54 a week earlier and 58 a month earlier. It remained between the Bitcoin season threshold of 25 or below and the altcoin season threshold of 75 or above, indicating weaker participation in altcoin outperformance against Bitcoin.

The index measures the share of the top 100 altcoins by market capitalization, excluding stablecoins, that outperformed Bitcoin over the past 90 days. Its annual high was 64, recorded on September 27, 2026, while its annual low was 14 on December 19, 2025.

Bitcoin also retained its dominant share of cryptocurrency market capitalization.

Bitcoin dominance stood at 59.9%, down from 60.0% a week earlier. Other altcoins accounted for 29.4%, compared with 29.4% a week earlier, while Ethereum’s share rose to 10.7% from 10.6%.

Bitcoin’s market capitalization was approximately $1.55 trillion, with 24-hour trading volume of $27.50 billion. Aggregate altcoin market capitalization stood at approximately $1.06 trillion, with 24-hour trading volume of $41.06 billion.

As of November 3, Bitcoin traded at $77,282, down 0.50% over 24 hours. Its cumulative return over 90 days was 19.60%.