#AltcoinSeasonLoading In just a few hours, Bitcoin's dominance fell from 65% to 63.89% after BTC exceeded $100,000 for the first time since February. This triggered a sharp rise in altcoins: Ethereum rose by 13% in a day, while Solana, Dogecoin, and Cardano added over 6%. Previously, BTC's dominance peaked since January 2021, highlighting its superiority over the market. Such a reversal often indicates a rotation of capital from BTC to altcoins. CryptoQuant's CEO Ki Young Ju considers the Bitcoin cycle theory outdated due to the influence of TradFi. The ETH/BTC ratio, which has fallen to its lowest since 2020, may signal the beginning of an altcoin rally. If BTC's dominance continues to decline and ETH/BTC rises, May 2025 could mark the start of an altcoin season.
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