Altcoins outperformed Bitcoin over the past 90 days.
Bitcoin dominance dropped, signaling growing strength across top-performing altcoins.
Ethereum and TOTAL2 breakouts suggest altcoin season may be starting soon.
After Bitcoin — BTC, slipped from its July peak, a wave of breakout rallies swept across the altcoin space. Six tokens in particular—ADA, BNB, SHIB, AVAX, DOT, and ICP—have dominated price charts. These tokens didn’t just follow Bitcoin’s lead. They broke formation, charged ahead, and shook off Bitcoin’s grip. If this momentum holds, these assets could drive the next major market breakout.
https://twitter.com/TapTools/status/1945555282643316915 Bitcoin Dominance Fades as Altcoins Gain Ground
In late June, Bitcoin dominance (BTC.D) peaked at 65.85%. That climb formed a rising wedge—a bearish pattern that signals momentum loss. The wedge eventually cracked. BTC.D tumbled to 62.69%, confirming weakness.Momentum indicators joined the chorus. Both the MACD and Awesome Oscillator slipped into negative territory. These tools act like pressure gauges. When they fall, pressure builds in the opposite direction. In this case, that pressure points to altcoins.
If BTC.D drops below 60.37%, the broader altcoin market could ignite. This level is the line in the sand. Once crossed, it may signal the full start of altcoin season. The Altcoin Season Index, which tracks altcoin strength against Bitcoin, surged to 39. While not yet the 75 mark required to confirm altcoin season, this is its highest reading since February. Back then, the index stalled at 45, and momentum fizzled. This time feels different. Ethereum has already taken the baton. ETH broke past $3,400 and now moves faster than Bitcoin.
Six Altcoins Leading the Charge: ADA, BNB, SHIB, AVAX, DOT, and ICP
The Average Directional Index now reads 30.59. This level signals trend strength. A strong trend is hard to stop—and right now, the trend favors altcoins. If TOTAL2 continues rising, the market cap could jump from $1.41 trillion to $1.65 trillion. Each of these tokens brought something different to the table. ADA surged as Cardano rolled out new partnerships and developer tools. Its community rallied hard.
BNB climbed thanks to consistent utility and Binance Smart Chain growth. It held firm through volatility. SHIB shocked skeptics. Token burns, social buzz, and new use cases pushed it higher. It turned noise into power. AVAX took off after major upgrades improved scalability. The Avalanche ecosystem grew—and traders piled in. DOT gained as Polkadot's parachain auctions returned to the spotlight. DOT reminded everyone why it matters.
ICP impressed with strong updates and rising usage. Once doubted, it found fresh life. These tokens didn’t just rise—they moved with force and confidence. Their performance shows a shift in momentum. Bitcoin may still lead, but altcoins now run beside it, not behind. The tide has turned. A storm may be coming—and altcoins are already dancing in the rain.
