#creattoearn
Altseason 2025: Top Altcoins Surge as Bitcoin Hits $120K – 6 Must-See Charts
A fresh wave of capital is flooding into altcoins as Bitcoin trades near $120,000. According to a new CryptoQuant report, several key indicators are pointing to a possible “altseason,” a period when alternative cryptocurrencies outperform Bitcoin.
Bitcoin dominance, which measures BTC’s market share, has dropped sharply. The metric fell by over 6.3% in recent weeks and is now sitting at around 60.5%, the lowest level since March.
This decline often indicates a shift in market focus from Bitcoin to altcoins. Analysts say the pattern is playing out similar to 2021, when Ethereum and other tokens began to surge after Bitcoin led the initial rally.
Ethereum Rallies 56% in a Month Amid Growing Institutional Confidence
Ethereum (ETH) has posted a 56% gain in the past month alone and is now trading around $3,854. It is only 23% away from reclaiming its all-time high of $4,871. Much of the renewed interest in ETH has been fueled by institutional demand for Ethereum.
SharpLink Gaming confirmed last week it now holds 438,190 ETH, worth approximately $1.6 billion, with over 95% being staked or earning yield through liquid staking platforms. The company added over 77,000 ETH in a single week, spending $290 million at an average price of $3,756. Its ETH concentration has jumped 70% since early June.
