$BTC Let's break down the current state of cryptocurrency.
*Current State of Bitcoin*
The current Bitcoin price is $103,880.92, with a recent prediction of potentially reaching $115,000 in 2025, $178,147.02 in 2026, and exceeding $1 million by 2030. In the short term, Bitcoin's price is expected to fluctuate between $96,797.80 and $97,073.06, with an average price of $96,841.22 ¹.
*Altcoin Season*
The Altcoin Season Index indicates it's currently Bitcoin season, with scores ranging from 16% to 24%, below the 75% threshold required for altcoin season. However, some analysts predict altcoin season may be near, citing Bitcoin's dominance peaking and potential for altcoins to surge. Recent outflows from Bitcoin ETPs contrast with inflows in Solana, Cardano, and XRP, which could signal a shift towards altcoins.
*Ethereum Performance*
- Price: $2,348.29
- Market cap: $285.39 billion
- Recent performance statistics:
- *1-day increase*: 21%
- *1-week increase*: 8.83%
- *1-month increase*: 25.79%
*XRP Performance*
- Current price: $2.43
- Market cap: $142.08 billion
- Recent performance statistics:
- *1-day increase*: 3.53%
- *1-week increase*: 10.7%
- *1-month increase*: 22.3%
*When is Altcoin Season Expected?*
Some experts predict the next altcoin season could arrive in late 2025, especially if Bitcoin's influence weakens. Factors influencing this include ¹:
- *Market stability*: Global economic uncertainty and trade wars may impact altcoin performance.
- *Regulations*: Clearer regulations, like Ethereum ETF approvals, could boost confidence in altcoins.
- *Technological advancements*: Projects improving blockchain speed or adding AI tools may attract investors.
Additionally, signs of easing trade war tensions, such as Trump's announcement of major China tariff cuts, could positively impact the global economy and cryptocurrency market.