Bitcoin Dominance: What It Means & How to Track It
This guide shows how Bitcoin dominance is calculated, why three trackers read 57.50% to 60.18% on the same day, and what 2,754 rolling windows say about the falling-dominance altseason rule.
Introduction
Three trackers looked at the same market within the same 11 minutes on 4 November 2026 and reported Bitcoin dominance of 57.21%, 59.36% and 60.00%. None of them was wrong. Each divided Bitcoin's market capitalization by a different total, and the total moved the answer by 2.79 percentage points. That ambiguity matters because traders lean on the number to call "altseason", the stretch in which most altcoins beat Bitcoin. This article shows how Bitcoin dominance (BTC.D) is calculated and why trackers disagree. It also reports a measured test of the falling-dominance rule across 2,754 rolling 90-day windows from 2019 to 2026, with the method, the data sources and the hit rates stated openly.
Key Takeaways
- Trackers agree on Bitcoin's market capitalization within 0.4% but differ on the total by 4.9%, producing readings from 57.21% to 60.00%.
- Dominance ran from a 96.6% high on 17 November 2013 to a 32.4% low on 13 January 2018 and read 60.1% on 20 October 2026.
- Stablecoins are about 10% of the total market; removing them lifts dominance to 63.98% on CoinPaprika data (21 October 2026) and 67.0% on CoinMarketCap data (4 November 2026).
- Across 2,754 windows, 22.5% of falling-dominance windows were altseason, and none of the 1,579 rising-dominance windows was.
- After a 90-day fall in dominance, altseason followed in 8.0% of windows, below the 9.6% base rate.
What Does Bitcoin Dominance Measure, and How Is It Calculated?
Bitcoin dominance is Bitcoin's share of the total crypto market capitalization, expressed as a percentage. On 4 November 2026 CoinPaprika showed 57.21%, while two other trackers showed 59.36% and 60.00% within the same 11 minutes, so the number depends on how the total is built.
The formula and today's reading
The formula is one division: Bitcoin (BTC) market capitalization divided by the market capitalization of all tracked cryptocurrencies (CoinGecko, 2026). Market capitalization is price multiplied by circulating supply. On 4 November 2026 BTC traded at $78,269, 37.9% below its 6 October 2025 high of $126,173, with a market capitalization of $1.57 trillion and a CoinPaprika dominance reading of 57.21% (CoinPaprika API, 2026-11-04). In the same check, CoinPaprika's global endpoint put the total at $2.753 trillion, and an implied Bitcoin value of $1.575 trillion over $2.753 trillion is the 57.21% it reported. Traders write the ratio as BTC.D, the ticker used on charting platforms, and the BTC.D meaning is exactly this share. Readers new to the asset can start with a beginner guide to how Bitcoin works ↗.
What BTC.D can and cannot say
BTC.D describes how market value is split, and it says nothing about price direction. Dominance can rise while Bitcoin falls: from 6 October 2025 to 20 October 2026 Bitcoin's market capitalization dropped 32.9%, yet dominance rose from 58.1% to 60.1% on CoinMarketCap's series (own calculation, 2026-10-21). Across 2,754 rolling 90-day windows between 2019 and 2026, Bitcoin fell while dominance rose in 21.0% of them, and Bitcoin rose while dominance fell in 21.6% (own calculation, 2026-10-21). The ratio therefore works as a description of where capital sits. Later sections test whether it also signals anything.
The 57.21% on CoinPaprika's page is one of three defensible readings, and the gap between them comes from the denominator.
Why Do CoinPaprika, CoinGecko and CoinMarketCap Show Different Dominance Numbers?
Trackers agree on Bitcoin's market capitalization to within 0.4% and disagree on the total by 4.9%, which moves dominance by 2.79 percentage points. Three global-metrics endpoints, stamped between 09:11 and 09:22 UTC on 4 November 2026, returned 57.21%, 59.36% and 60.00%. The same check on 21 October 2026, stamped between 19:38 and 19:42 UTC, returned 57.50%, 59.64% and 60.18%, a 2.68-point spread, so the gap persists from one check to the next.
Same numerator, different denominators
Implied Bitcoin market capitalization was $1.575 trillion at CoinPaprika, $1.569 trillion at CoinGecko and $1.575 trillion at CoinMarketCap, a spread of 0.4% (own calculation from each tracker's global API, 2026-11-04). The totals were $2.753 trillion, $2.644 trillion and $2.625 trillion, so CoinPaprika's denominator is 4.9% larger than CoinMarketCap's. Dividing CoinPaprika's own Bitcoin figure by CoinMarketCap's total gives 60.00%, which shows that the whole 2.79-point gap sits in the denominator. Each tracker also counts a different number of assets: 11,446 cryptocurrencies at CoinPaprika, 22,757 active at CoinGecko and 8,048 active at CoinMarketCap. The small spread in Bitcoin's own value is a pricing question, and a guide to why crypto prices differ between exchanges and trackers ↗ covers how each source prices a coin.
Stablecoins and wrapped tokens
Stablecoins sit in every tracker's total. On CoinMarketCap they were $274.3 billion on 4 November 2026, 10.4% of the $2.625 trillion total, and removing them lifts Bitcoin's share to 67.0% (own calculation, 2026-11-04). On CoinPaprika's top 2,000 coins on 21 October 2026, 34 stablecoin listings identified by symbol added up to $298.8 billion, 10.1% of the total, and Bitcoin's share without them was 63.98%. CoinGecko warns that a flight into stablecoins can show up as falling BTC.D while the market is fearful (CoinGecko, 2025). Wrapped Bitcoin (WBTC) and cbBTC, at $9.8 billion and $8.0 billion on CoinPaprika on 21 October 2026, are backed by BTC held elsewhere, so each tracker must choose whether to count them. CoinGecko adds that every dollar held in USDT or USDC counts toward the altcoin total even though it is not a speculative holding (CoinGecko, 2025).
How many coins are counted
Coin count matters little once the largest coins are in. On CoinPaprika's ticker list pulled at about 19:46 UTC on 21 October 2026, Bitcoin holds 57.51% of all 2,000 listed coins, 57.68% of the top 500, 58.84% of the top 100, 60.15% of the top 50 and 65.67% of the top 10 (own calculation, 2026-10-21). The long tail adds almost nothing, while a top-50 cutoff alone lands within 0.03 points of CoinMarketCap's 60.18%, which shows how far a cutoff can move the figure. The top 10 include Ethereum at $304.9 billion and Tether at $182.8 billion, which is why a 10-coin denominator reads 8.2 points above the all-coin figure. Comparing readings works inside one tracker and fails across them.
Data current as of November 2026.
Any denominator leaves a spread of readings, and history shows how wide that spread has been.
How Far Has Bitcoin Dominance Moved Since 2013?
Bitcoin dominance has covered nearly the whole range from near-monopoly to minority share: 96.6% on 17 November 2013, 32.4% on 13 January 2018, 71.8% on 2 January 2021 and 60.1% on 20 October 2026 (CoinMarketCap series, own calculation, 2026-10-21). The BTC dominance chart below traces the stretch since December 2017.
The 2013 to 2018 collapse
The CoinMarketCap series starts on 28 April 2013 at 94.2% and stayed between 76% and 97% through 2016, when few large alternatives existed. The break came in 2017. Dominance was 87.6% on 1 January 2017 and 32.4% on 13 January 2018, a drop of 55.2 points in about 12 months during the 2017 initial coin offering (ICO) boom. Bitcoin's own market capitalization rose through 2017; the share fell because the rest of the market grew faster. The fall was abrupt at the end: dominance went from 56.3% on 16 December 2017 to 33.4% on 7 January 2018, 22.9 points in 22 days (own calculation, 2026-10-21). Recovery was quick: 57.1% on 12 September 2018 and 70.9% on 5 September 2019.
The 2021 boom and the 2022 floor
Dominance peaked at 71.8% on 2 January 2021 and reached 39.3% on 18 May 2021, a 32.5-point drop in 136 days during the 2021 altcoin rally. CoinMarketCap puts the February to May 2021 return of large-cap altcoins at 174% against 2% for Bitcoin (CoinMarketCap, 2026). Dominance then stayed between 37.7% and 47.5% through 2022, with that year's low on 8 September 2022 and a 2023 low of 39.0% on 9 January 2023 (own calculation, 2026-10-21). Stablecoins distorted the 2022 reading: they held 17.3% of the total market at the end of 2022, so the 40.0% headline figure was 48.4% without them (own calculation from CoinMarketCap totals and DefiLlama stablecoin supply, 2026-10-21). The stablecoin-free series is the better guide to how far capital had moved into altcoins.
The climb back and the 2026 range
From a 49.6% low on 18 January 2024, dominance reached 60.1% on 20 November 2024, dipped to 55.5% on 4 January 2025 and hit 65.1% on 26 June 2025, its highest reading in the CoinMarketCap series since January 2021 (own calculation, 2026-10-21). The 2026 range has been narrow, from 57.3% on 3 June 2026 to 60.6% on 4 May 2026, with 60.1% on 20 October 2026 and 60.0% on 4 November 2026 (CoinMarketCap, 2026). Without stablecoins the 2025 high was 69.7% on 30 June 2025 and 65.7% at the end of 2025. The median since 2017 is 54.0%, so the current reading sits about six points above the long-run middle. The stablecoin-free version stood at 67.6% on 4 November 2026, subtracting DefiLlama's stablecoin supply of about $295 billion; CoinMarketCap's own stablecoin category, $274.3 billion that day, is narrower and gives the 67.0% in the tracker table above.
Data current as of November 2026.
The swings in the table have different causes, and the next section separates them.
What Actually Makes Bitcoin Dominance Rise or Fall?
Dominance changes when Bitcoin's market capitalization moves differently from the rest of the market, and stablecoins make that comparison messy. From 30 June to 20 October 2026 dominance rose 2.4 points even though non-stablecoin altcoins gained more than Bitcoin.
Price moves in Bitcoin and in altcoins
Two rules cover most moves. Dominance rises when Bitcoin gains more than the rest of the market and falls when altcoins gain more. From 6 October 2025 to 20 October 2026 Bitcoin's market capitalization fell 32.9% while non-stablecoin altcoins fell 46.1%, while the total market capitalization fell from $4.276 trillion to $2.774 trillion on CoinMarketCap's series, so dominance climbed from 58.1% to 60.1% inside a falling market (own calculation from CoinMarketCap totals and DefiLlama stablecoin supply, 2026-10-21). In that period the rise meant altcoins fell harder, not that capital moved into Bitcoin. A dominance chart read without the underlying price moves cannot tell those two stories apart.
Stablecoin supply and new listings
Stablecoins distort the denominator. From 30 June to 20 October 2026 Bitcoin's market capitalization rose 42.0% and non-stablecoin altcoins rose 43.9%, yet headline dominance moved from 57.7% to 60.1% because stablecoin supply stayed flat near $304 billion and its share of the total shrank from 14.9% to 11.0% (own calculation, 2026-10-21). Without stablecoins, dominance moved from 67.8% to 67.5%, matching the direction of the altcoin outperformance. New listings add a slower drift, since each token launch enlarges the altcoin total and CoinMarketCap Academy cites that as a force pushing dominance down over time (CoinMarketCap Academy, 2023).
The popular rule that falling dominance means altseason can be tested against these dynamics.
What Counts as Altseason, and How Was the Rule Tested?
Altseason needs a definition before it can be tested. This test follows CoinMarketCap's convention: altseason is a 90-day window in which at least 75% of the large altcoins outperform Bitcoin, scored across 2,754 rolling windows between 7 January 2019 and 20 October 2026.
The altseason definition and the basket
CoinMarketCap's Altcoin Season Index calls altseason when 75% or more of the top 100 coins, excluding stablecoins and wrapped tokens, outperform Bitcoin over 90 days, and Bitcoin season when 25% or fewer do (CoinMarketCap, 2026). Historical top-100 lists are not freely available, so this test uses the top 20 coins on CoinMarketCap's quarterly historical snapshots, taken at the start of each window, minus Bitcoin, stablecoins and wrapped or staked tokens. Using each quarter's own list, rather than today's list, avoids picking only coins that later succeeded. Ethereum (ETH) enters every list, and names such as XRP, Solana and Dogecoin enter whenever they ranked in the top 20: the 2019 basket held ETH, XRP, Bitcoin Cash, EOS and Litecoin among others, and the 2025 baskets held ETH, XRP, SOL, BNB and Dogecoin. A coin beats Bitcoin when its close-to-close return over the 90 days exceeds Bitcoin's return over the same days.
Windows, data and known limits
Prices are Binance daily closes against USDT, and dominance is CoinMarketCap's daily series, retrieved on 21 October 2026. CoinPaprika's free tier serves about one year of daily history, so it supplies the live snapshots rather than the history. Coins lacking Binance history, such as Bitcoin SV (BSV) and UNUS SED LEO (LEO), were dropped, leaving 15.9 eligible coins per window on average and 13.8 tested, never fewer than 10. Dominance is measured at the same daily close as the prices. Windows overlap, so 2,754 daily starts hold roughly 31 independent 90-day periods, and the results below carry that limit.
Data current as of November 2026.
With the definition fixed, the result is a count of windows.
Does Falling Bitcoin Dominance Really Mean Altseason?
Falling dominance was necessary for altseason in this sample and far from sufficient. All 264 altseason windows, 9.6% of the 2,754, had falling dominance, yet 22.5% of the 1,175 falling windows qualified as altseason (own calculation, 2026-10-21).
How often a fall meant altseason
In the 1,175 falling windows the median share of the basket beating Bitcoin was 50%, and a simple majority of coins was ahead in 56.3% of them, a looser standard than altseason. Windows with rising dominance produced no altseason in 1,579 tries, and a median of 18.8% of the basket beat Bitcoin (own calculation, 2026-10-21). Read as "a fall guarantees broad altcoin outperformance", the rule failed 77.5% of the time. Read as "no fall, no altseason", it held every time. The rule performed best in 2021: dominance fell in 76.2% of the 90-day windows that started that year, and 26.0% of all 2021 windows were altseason.
Why bigger falls score better
Size changed the answer. A fall of 5 points or more produced altseason in 66.7% of 270 windows, a fall of 2 to 5 points in 22.2% of 360, and a fall under 2 points in 0.7% of 545. Across all falls of 2 points or more the rate was 41.3% (260 of 630). A small fall mostly coincided with Bitcoin losing value, with a median 90-day return of -7.4%, rather than with altcoins taking off. In the 5-point bucket Bitcoin's median return was +8.0% while 82.3% of the basket beat it, so large falls came from broad altcoin strength rather than Bitcoin weakness. The rule needs a large move to work at all, and a large move is rare: 9.8% of all windows.
Ethereum-led and stablecoin-led falls
Dominance is cap-weighted, so Ethereum drives it ↗. ETH beat BTC in 617 of the 630 windows (97.9%) where dominance fell 2 points or more, which says little about the rest of the basket. Stablecoins create false alarms too: in 201 of the 1,175 falling windows (17%) the fall disappeared once stablecoins left the denominator, and none of those 201 was altseason. Removing stablecoins did not raise the overall hit rate, which was 23.5% for stablecoin-free falls against 22.5% for headline falls, and 39.8% against 41.3% for falls of 2 points or more.
Data current as of November 2026.
A rule that only works after the fact is a poor forecast, so the next test looks forward.
Can a Drop in Bitcoin Dominance Predict an Altseason?
A falling reading predicted nothing measurable here. After a 90-day fall in dominance, altseason arrived in the following 90 days in 8.0% of 1,217 windows, against 10.9% after non-falls and a 9.6% base rate (own calculation, 2026-10-21).
After a fall, what came next
Larger prior falls did not help. After a fall of 2 points or more, the next-90-day altseason rate was 11.1% across 650 windows against 9.1% otherwise, and after a fall of 5 points or more it was 6.3% across 270 windows against 9.9%. 97 of the 264 altseason windows (36.7%) followed a 90-day fall in dominance, so most altseasons began from a flat or rising reading. A signal that scores below the base rate at its strongest setting carries no timing information. The coincident result above explains the gap: dominance falls during the rally, not ahead of it.
Eight stretches since 2019
Merged, the 264 altseason windows form eight stretches: 4 September 2019 to 9 April 2020, 5 May to 13 September 2020, 1 January to 2 July 2021, 18 October 2021 to 18 January 2022, 11 May to 9 October 2022, 24 October 2023 to 22 January 2024, 4 September to 7 December 2024 and 26 May to 8 October 2025 (own calculation, 2026-10-21). Inside those windows the median equal-weighted basket return was +41.4% against +6.2% for Bitcoin, so altseason was a large gap, not a marginal one. The share of windows in altseason peaked at 26.0% for 2021 starts and fell to 0.3% for 2023 starts and 1.4% for 2024 starts. 3 of the 31 non-overlapping periods were altseasons, so any forecast rests on a handful of episodes.
The latest window
The 90 days from 5 August to 3 November 2026 were not altseason. Bitcoin returned +19.8% on Binance, and only 5 of the 12 basket coins (42%) beat it, with a median basket return of +18.4% (own calculation, 2026-11-04). Dominance rose 1.08 points, from 58.84% to 59.92% on CoinMarketCap's series. In the previous window to 20 October 2026, 7 of the 12 (58%) had beaten Bitcoin while dominance also rose 1.16 points, and Coinlib's index read 60 of 100 that day, labelled Neutral (Coinlib, 2026). The two windows show why the headline ratio and breadth can tell different stories: in the October window a majority of large altcoins beat Bitcoin even as dominance rose.
Given those limits, the practical question is how to read the number without over-reading it.
How Should Readers Track Bitcoin Dominance Without Being Misled?
Dominance is best tracked as a description of market structure, used beside companion readings, because it did not forecast altseason across 2,754 windows. A single tracker, a stablecoin-free reading and a measure of breadth cover the main distortions in the headline ratio.
Pick one tracker and keep it
The same 11 minutes on 4 November 2026 produced 57.21%, 59.36% and 60.00%, so comparing readings across trackers mixes methodology with market moves. Choose one tracker, note its denominator rules, and compare it with its own history. CoinPaprika's global page and API return the share together with the total market capitalization and the number of cryptocurrencies counted, which keeps the denominator visible with every reading (CoinPaprika API, 2026-11-04). A simple log of date, tracker, dominance, total and coin count is enough for this. A move of 1 to 2 points between two sources is not a market event, and a move of 1 to 2 points inside one source needs a check of the total before any conclusion.
Three companion readings
Stablecoin-free dominance stood at 67.6% on 4 November 2026 against 60.0% headline (CoinMarketCap totals less DefiLlama stablecoin supply), and it shows whether a move comes from Bitcoin or from the denominator. Ethereum's share explains most falls, since ETH beat BTC in 97.9% of windows with falls of 2 points or more. Breadth, the share of large altcoins beating Bitcoin over 90 days, measures what altseason means, and both CoinMarketCap and Coinlib publish a version. The 90-day window to 20 October 2026 shows the value of the check: breadth was 58% while dominance rose, so the two readings pointed different ways. A 2-point fall in headline dominance with flat stablecoin-free dominance and weak breadth is noise. Size also matters more than direction: a fall of 5 points or more over 90 days went with altseason in 66.7% of windows, and a fall under 2 points in 0.7%.
Pulling dominance from an API
CoinPaprika's /v1/global endpoint returns bitcoin_dominance_percentage, market_cap_usd and cryptocurrencies_number, and the /v1/tickers endpoint lists coins with market capitalizations, enough to rebuild every row of the tracker table above. A call to https://api.coinpaprika.com/v1/global on 4 November 2026 returned bitcoin_dominance_percentage 57.21 and market_cap_usd 2,753,456,243,832 (CoinPaprika API, 2026-11-04). The free tier serves about one year of daily history, so longer series need a named, dated source. This article used CoinMarketCap's global metrics for dominance, Binance for prices and DefiLlama for stablecoin supply. Store each reading with its date and the tracker's total, so later comparisons use the same denominator.
Conclusion
Bitcoin dominance is a clean ratio with an unsettled denominator. Trackers agree on what Bitcoin is worth and disagree on what the whole market is worth, so the headline reading carries a built-in spread of about 2.7 to 2.8 points. Over 13 years the share has swung between a near-monopoly and a minority position, and stablecoins now blur the recent readings by holding roughly a tenth of the total.
The altseason rule shows the difference between a necessary condition and a signal. Falling dominance was present in every altseason window, yet most falling windows were not altseason, and a fall did not make the following 90 days more likely to be one. The rule works as a description of a rally already under way and fails as a forecast.
Pick one tracker and keep it, then check the stablecoin-free reading before drawing any conclusion from a move. Look at how many large altcoins are beating Bitcoin, because that breadth, not the headline ratio, is what altseason means. Treat dominance as a map of where capital sits today, and leave the timing to other evidence.
Quick Stats
- 60.00% — CoinMarketCap's reading on 4 November 2026, the highest of three trackers; CoinPaprika read 57.21%
- 4.9% — gap between the largest and smallest total market capitalization across trackers
- 32.4% — series low on 13 January 2018, against a 96.6% high in 2013
- 66.7% — altseason rate during 90-day windows in which dominance fell 5 points or more; in the 90 days after such a fall it was 6.3%
- 97.9% — falling windows of 2+ points in which Ethereum beat Bitcoin
- 8.0% — altseason rate after a 90-day fall, against a 9.6% base rate
Data current as of November 2026.
FAQ
?Is Bitcoin dominance the same as Bitcoin's share of trading volume?
No. Dominance divides market capitalizations, which are price times circulating supply, while a volume share divides what traded in the last 24 hours. On 4 November 2026 Bitcoin's 24-hour volume of $19.0 billion was 18.6% of CoinPaprika's $102.6 billion global figure, against a 57.21% dominance reading (CoinPaprika API, 2026-11-04). A large, slow-moving holder base lifts dominance without lifting trading share.
?Does rising Bitcoin dominance mean the Bitcoin price is rising?
No. Between 6 October 2025 and 20 October 2026 Bitcoin's market capitalization fell 32.9% while dominance rose from 58.1% to 60.1%, because altcoins fell harder (own calculation, 2026-10-21). Across 2,754 rolling 90-day windows, Bitcoin fell while dominance rose in 21.0% of them. A rising reading shows Bitcoin gaining share of the market, which can happen in a falling market.
?How does the Altcoin Season Index differ from Bitcoin dominance?
The index measures breadth: the share of the top 100 coins, excluding stablecoins and wrapped tokens, that beat Bitcoin over 90 days, with 75 or more labelled altcoin season and 25 or less Bitcoin season (CoinMarketCap, 2026). Dominance measures market-capitalization share. On the day ending 20 October 2026 Coinlib's version read 60 of 100, Neutral, while dominance had risen over the same 90 days (Coinlib, 2026).
?What are USDT.D, ETH.D and TOTAL2 on TradingView?
USDT.D and ETH.D are Tether's and Ethereum's shares of the total crypto market capitalization, and TOTAL2 is the total excluding Bitcoin. On CoinPaprika data for 21 October 2026, Tether held 6.19% of the market, Ethereum 10.3%, and TOTAL2 stood near $1.254 trillion (own calculation from CoinPaprika API, 2026-10-21). Stablecoin and Ethereum shares are two readings worth checking beside BTC.D.
?Is altcoin dominance the same as 100% minus Bitcoin dominance?
Only if every non-Bitcoin asset counts as an altcoin. On CoinPaprika's 57.50% reading of 21 October 2026, the remaining 42.50% includes about 10.1% in stablecoins and 10.3% in Ethereum. Excluding Bitcoin and stablecoins, the altcoin share was 32.4% on 21 October 2026 (own calculation, 2026-10-21). Trackers publish altcoin dominance under different definitions, so the figure should be read with its denominator.
?Does an altseason need Bitcoin to rise first?
No. Bitcoin fell over the 90 days in 116 of the 264 altseason windows (43.9%). The altseason rate was 9.3% when Bitcoin rose and 10.0% when it fell, and 7.0% across the 929 windows in which Bitcoin gained 25% or more (own calculation, 2026-10-21). Altseason in this test meant outperformance relative to Bitcoin, which can occur while both fall.
?Is there a dominance level that marks the top or bottom of a cycle?
No fixed level appeared. Lows were 32.4% in 2018, 39.3% in 2021 and 37.7% in 2022, while highs were 71.8% in 2021 and 65.1% in 2025 (own calculation, 2026-10-21). Stablecoin supply moved the baseline too: stablecoins were 0.3% of the market at the end of 2018 and 17.3% at the end of 2022, so a level that signalled a turn in one cycle did not carry into the next.
References / Sources
Platform & Company Data
Official tracker and aggregator data behind the dominance readings.
- CoinPaprika: Global and ticker API data (api.coinpaprika.com, Nov 2026)
- CoinMarketCap: Global metrics, Altcoin Season Index, Academy (coinmarketcap.com, Nov 2026)
- CoinGecko: Bitcoin dominance chart and altseason guide (coingecko.com, Jul 2025) (two editions cited)
Market Data & Methodology
Price, supply and index sources used for the altseason test.
- DefiLlama: Stablecoin circulating supply history (stablecoins.llama.fi, Nov 2026)
- Binance: Daily USDT price history (data-api.binance.vision, Nov 2026)
- Coinlib: Altcoin Season Index reading (coinlib.io, Oct 2026)
Original CoinPaprika guide.