📈 Bitcoin Dominance Keeps Climbing: Altcoin Season Delayed?
In June, $BTC's market cap dominance rose +1%, hitting a new local cycle high — reclaiming nearly all the ground it lost during past altseasons.
🟠 Why It Matters:
Institutions continue to treat BTC as a store of value, not just a trade.
Retail speculators are still driving most of the altcoin action.
BTC is becoming the "digital gold" hedge — steady, scalable, and increasingly liquid.
🔁 Unlike previous cycles, speculative flows now also move into Bitcoin equities like:
MicroStrategy (deep liquidity, capital efficiency)
Metaplanet (high beta, volatility plays)
💥 These BTC-linked stocks are absorbing capital that once went straight to altcoins.
Is this the new normal?
Where does altseason fit in a world of ETFs, Saylor, and sovereign Bitcoin treasuries?