Bitcoin's New ATH: Is Altseason Finally Here?
As of Friday, July 11, 2025, 12:04 AM +06 (Dhaka time), Bitcoin has once again surged to a new All-Time High (ATH), blasting past the $112,000 mark and even touching highs above $112,050. This monumental achievement has the crypto community buzzing, with many wondering if this is the long-awaited signal for an "altseason."
Historically, a strong Bitcoin rally often precedes an altcoin season. When Bitcoin consolidates or experiences a slight pullback after hitting an ATH, capital tends to flow from BTC into altcoins, driving their prices up. The key indicators to watch are Bitcoin Dominance (BTC.D) and the total altcoin market capitalization (TOTAL2, which excludes Bitcoin).
Currently, Bitcoin Dominance stands at approximately 64.4%, indicating that Bitcoin still commands a significant portion of the total crypto market. While this is a high percentage, a sustained drop below 60% or even 55% would be a strong signal for altcoin outperformance. The total crypto market cap (excluding Bitcoin) is around $1.35 trillion, with Ethereum (ETH) leading the charge among altcoins, trading around $2,780.
While several altcoins like Ethereum, Dogecoin, and Solana have seen notable gains alongside Bitcoin's rise, a broad "altseason" where a majority of altcoins significantly outperform Bitcoin is not yet fully confirmed. The current scenario suggests that institutional interest is still heavily focused on Bitcoin, with some spillover into large-cap altcoins. For a true altseason to ignite, we'd typically see Bitcoin's dominance begin to fall as speculative capital rotates into smaller, higher-risk altcoins. Keep a close eye on the BTC.D chart; a sharp downtrend will be your clearest signal.
