BTC dominance forms a double top, echoing 2021’s breakdown pattern toward lower levels.
Altcoin market cap excluding BTC and ETH rebounds strongly after key wedge breakout.
Trump allowing 401(k) retirement funds crypto access and XRP legal resolution add fresh capital and sentiment boosts.
Bitcoin dominance is wobbling at a key threshold while altcoins quietly build steam. With bullish chart setups, fresh liquidity, and major headlines hitting, the stage could be set for a powerful shift in market momentum.
BTC Dominance Mirrors 2021 Breakdown
Rekt Capital shared on X that BTC dominance remains firmly in a macro uptrend that has persisted for years. As long as this structure holds, Bitcoin retains the upper hand against the broader crypto market.
The analyst notes there is still a “technical possibility” for dominance to climb further, potentially reaching the high 60% or low 70% range. Such a move would represent another wave of Bitcoin strength before any shift in market dynamics.
However another analyst Jonathan Carter on X expressed a different opinion saying Bitcoin dominance has formed a double top similar to 2021’s cycle peak. The 2025 chart shows an April high followed by a second peak in late June before breaking below its ascending support
https://twitter.com/JohncyCrypto/status/1953772004638597397
Dominance now hovers near the 60.80% zone, this is the same neckline that triggered a drop below 52% in 2021. RSI sits at 35.78, reflecting persistent bearish momentum. Volume has increased during the recent breakdown, reinforcing selling pressure. If history repeats, a move below 56% could follow.
Altcoin Market Shows Structural Recovery
Data from World Of Charts on X highlights that the total market cap excluding BTC and ETH has been in a strong uptrend since mid-June 2025. Price broke out from a falling wedge around $940B, surged to $1.14T in July, and successfully retested the breakout zone in late July.
https://twitter.com/WorldOfCharts1/status/1953744047266578698
The market is now trading near $1.03T, maintaining higher highs and higher lows since April. Strong horizontal supports at $940B and $980B continue to hold. Chart projections point to a possible move beyond $1.14T if momentum persists.
President Donald Trump today signed a new executive order opening the $12.5 trillion 401(k) retirement market to crypto investments. This creates consistent, automated buying flows from U.S. retirement accounts.This is expected to bring an increase in the total market activity.
