Just keeping tabs on the market today, and something interesting (and honestly, pretty telling) is happening—Bitcoin dominance ($BTC .D) is climbing again. According to an update shared by James Wynn on X (formerly Twitter), this increase in dominance is pulling liquidity away from altcoins.
It’s a familiar pattern: when BTC.D goes up, it usually signals that investors are consolidating their positions into Bitcoin, pulling back from riskier assets. That tends to cool down any momentum altcoins might be building. So if you were expecting alt season to kick off soon, this could mean we’re in for a bit of a delay.
Of course, things in crypto move fast and sentiment can flip overnight—but for now, it looks like Bitcoin is reclaiming center stage, and altcoins will have to wait their turn.
Let’s see how this plays out in the coming days. I'm staying cautious but watching closely.