Altcoin Season 2025 Disappoints Expectations
January’s altcoin rally stalled as key alt season index remains neutral and BTC dominance surges to 58%.
Azcnews Breaking Altcoin Season 2025 Disappoints Expectations
The anticipated 2025 altcoin season has not gone as expected. A key indicator of altcoin momentum, the altcoin season index, remains neutral, indicating that this is not an altcoin or Bitcoin [BTC] season.
Since late December 2024, the index has been hovering around 50, leaving most altcoins in a sideways or declining state. However, some coins like Solana [SOL] have recorded a slight increase during the same period.
Altcoin Season Index
Altcoin Season Index
BTC dominance surges to 58%
Historically, altcoins’ growth momentum often occurs when BTC dominance (BTC.D) declines, leading to a rotation of money flows from Bitcoin to altcoins.
This process is also often accompanied by a sharp decline in USDT dominance (USDT.D), indicating an increase in speculative investment in altcoins.
During the November rally, the altcoin market (OTHERS, white line) recorded a strong increase when USDT.D and BTC.D both fell.
However, since the end of December 2024, BTC.D has increased from 55% to more than 58%, indicating that most investors are focusing their capital on Bitcoin instead of altcoins.
