📰 Bitcoin dominance recedes and altcoins begin to gain the spotlight in the crypto market
📉 What is it now?
• CoinMarketCap shows BTC with around 64.8% dominance.
• CoinCodex indicates something around 64.6%, with a slight increase of +0.06% in the last 24h.
• CoinGecko, in turn, reports 62.6%.
These numbers vary by source (depending on coverage and methodology), but are all in the range of 62% to 65% — clearly below the 67–68% seen a few weeks ago.
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What does this mean?
1. More investment flowing into altcoins: The decline in dominance indicates that capital is migrating to other cryptos beyond BTC — Ethereum, Solana, memecoins, DeFi, etc.
2. Altseason bubbling? With BTC.D falling, the environment may be preparing the ground for a strong altcoin season, with investors seeking more aggressive returns.
3. But we are still in dominant territory: With BTC dominating over 60%, it remains the “safe haven.” Analysts emphasize that dominance is still above the “bull band” — this supports the narrative that BTC is still the king of the pudding.
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Relaxed perspective
• If you like altcoins: observing the capital movement, it may be a good sign for some bets — with heightened attention to volatility.
• If you are on the BTC wave: no panic — it remains strong, and continues to be the flagship of the crypto party.
• For active traders: watch for BTC.D showing signs of continuous decline as a trigger to initiate positions in altcoins; and a significant recovery of dominance warns that capital may return to BTC.
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In summary:
• BTC dominance is slightly declining, ranging from ~65% to ~62–64%.
• This shows a moderate migration of capital to altcoins, at a still cautious pace.
• But BTC remains strong as a base — dominance is still above 60% and within its historical support zone.