Altcoin $ALT

Season Could Ignite in June as Bitcoin Loses Market Share

Get ready — altcoin season may be just around the corner. According to Joao Wedson, CEO of crypto analytics platform Alphractal, June could bring a major surge for altcoins, potentially draining a chunk of Bitcoin’s $2 trillion market cap.

What’s Happening?

$BTC

Bitcoin’s market dominance has dropped from 65% to 62% this month, ending a five-month uptrend. Meanwhile, the total crypto market cap grew from $2.9T to $3.24T. This signals a possible shift in investor interest from Bitcoin to altcoins.

Key Insights:

Altcoin Outperformance: Wedson’s index tracking 57 major altcoins shows that 37 have outperformed BTC over the past 60 days.

Capital Rotation: With Bitcoin holding a $2T market cap, even a small rotation into altcoins could trigger major moves.

Resilience: Many altcoins have already bottomed out, suggesting they may not revisit recent lows — even if BTC dips.

BTC Pairs Matter: Wedson recommends evaluating altcoins via BTC pairs (like ETH/BTC, $SOL

SOL/BTC) to spot strong performers.

> “Even if BTC drops, altcoins are primed for growth. We could see capital flow directly from Bitcoin into high-potential alts,” says Wedson.

Reality Check:

While some signs point to a brewing alt season, broader indicators like CoinMarketCap’s Altcoin Index (still stuck at 27) suggest Bitcoin is still leading the bull cycle — for now.

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Takeaway:

June could be a breakout month for altcoins. Stay sharp, review your altcoin/BTC charts, and prepare for poten

tial shifts in market momentum.