Bitcoin dominance exceeds 60%: Is there still hope for an altcoin season?

🔥 Bitcoin's dominance in the cryptocurrency market recently surpassed 60%, a level not seen since 2021.

🔥 However, the significance of this number today surpasses what it was four years ago. In 2021, the market consisted of around 3000 to 4000 active cryptocurrencies. By 2025, these numbers have grown to millions of cryptocurrencies, meaning that Bitcoin’s share, despite its apparent stability, now represents control over a much larger portion of the overall market.

🔥 This reflects Bitcoin's status not only in terms of value but also in terms of influence and market control.

🟢 Is an altcoin season near?

🔥 Despite Bitcoin's rise, analyses indicate the possibility of the market entering a new phase.

🔥 According to analyst Rekt Capital, the beginning of the “altcoin season” may be on the horizon when Bitcoin dominance reaches 71% and then declines from that level.

🔥 Historically, such a reversal often signals a corrective move in the market, allowing altcoins to record gains and regain some of their lost market share.

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