#AltcoinSeasonLoading As of May 11, 2025, Bitcoin's market dominance is approximately 62.95%, indicating that Bitcoin accounts for nearly 63% of the total cryptocurrency market capitalization . This level marks a significant position, reflecting Bitcoin's strong influence in the crypto market.

Analysts have observed that Bitcoin's dominance is nearing a historically strong resistance zone, suggesting potential shifts in market dynamics . Some experts, like Raoul Pal, believe that Bitcoin's dominance may have peaked, which could signal the beginning of an altcoin season .

Currently, Bitcoin is trading at approximately $104,098, with a 24-hour increase of about 1.09% .