🥇 Bitcoin’s Grip Tightens as Altcoin Momentum Falters
Bitcoin is holding the spotlight while most altcoins struggle to gain traction. Even after a small dip, BTC’s market dominance is near monthly highs — signaling traders aren’t rushing to rotate into smaller assets.
📊 Why Bitcoin Is Leading
Institutional preference: Over $149B is parked in spot Bitcoin ETFs
Massive liquidity: BTC’s market cap is more than double the value of all other major crypto assets combined
Macro caution: In uncertain conditions, institutions see BTC as the safer choice
⚠️ Altcoin Struggles
Altcoin Season Index: Deep in bearish territory
Weak rotation: Standouts like Ethereum (double-digit rally on asset manager accumulation) and GMX (sharp rebound post-exploit) haven’t lifted the overall altcoin market
Derivatives flow: BTC futures open interest rising, altcoin perpetual activity falling
🔮 What Could Change It
Analysts say a big macro or regulatory catalyst could spark altcoin rotation:
✅ Federal Reserve rate cut
✅ Approval of a spot Ethereum ETF
Until then, Bitcoin’s dominance may keep altcoin rallies in check.
💭 Do you think altseason is on hold — or just waiting for the right spark?