• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
Bitcoin

Bitcoin’s Market Dominance Soars To 3-Year High – Is This The End Of Altcoin Season?

Scott Matherson
by Scott Matherson
10 months ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin and many other cryptocurrencies have been on significant price increases in the past few weeks. Bitcoin, in particular, has been inching close to its all-time high, and the recent break above $68,000 puts it only 8% away from setting a new price record. 

Related Reading: Binance Executive Too Sick For Court, Nigerian Trial Postponed

Interestingly, this inflow into Bitcoin has seen the cryptocurrency increase its dominance over altcoins. According to data, Bitcoin’s market dominance is now 65% of the total market cap, the highest in three years. This raises the question of whether the altcoin season will still materialize in the current market cycle.

Bitcoin Leaves Ethereum And Other Altcoins In The Dust

According to data from IntoTheBlock, Bitcoin recently reached a market dominance of 65%, which is the highest recorded for the metric during the 2021 bull rally. During that period, Bitcoin captured the lion’s share of investments before eventually ceding some of its dominance to Ethereum and other altcoins in the middle of 2021.

Interestingly, the crypto landscape has changed substantially since then, and Bitcoin has now found a footing among institutional investors. As such, the recent inflows into Bitcoin and its dominance can be attributed to the inflows from Spot Bitcoin ETFs. 

According to flow data from SoSoValue, Bitcoin-based spot ETFs in the United States experienced a remarkable performance last week. These ETFs saw consistent inflows every day, culminating in a net inflow of $2.13 billion, its highest since the third week of March. 

This is good news for fervent Bitcoin investors and proponents but not for investors betting on Ethereum’s overperformance. One such investor is crypto millionaire James Fickel, who has lost substantial amounts over $43 million, due to his high-risk bet that Ethereum would outperform Bitcoin in 2024.

BTC is now trading at $68,393. Chart: TradingView

Altcoin Season To Materialize In Six Months

As Bitcoin continues to consolidate its dominance, the potential for a new altcoin season is becoming increasingly uncertain. Current data from the Altcoin Season Index shows a reading of 31, significantly below the threshold of 75, which typically indicates the onset of an altcoin season.

Despite this cautious outlook, crypto analyst Ash Crypto offers a more optimistic perspective for an altcoin season. According to him, the altcoin season is going to kick off in the next six months. In a recent social media post shared with his 1.2 million followers on X, Ash Crypto predicted that Bitcoin will continue its dominance in the short term, potentially rallying toward previously uncharted price levels between $80,000 and $90,000 within the next 30 days.

Related Reading: Samson Mow Urges German Lawmakers To Embrace Bitcoin – Here’s Why

Drawing from insights gained during the previous market cycle, Ash Crypto pointed out that the altcoins market outperformed Bitcoin for about five months in 2021, just after the Bitcoin dominance reached an all-time high.

At the time of writing, Bitcoin is trading at $68,400.

Featured image from Experian, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Scott Matherson

Scott Matherson

Follow

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Full Profile

Related Posts

RLUSD

Electric Car Maker Taps RLUSD For Payments As XRP Strategy Unfolds

1 hour ago
Best Crypto to Buy as Kazakhstan Wants National Crypto Reserve in 2026

Best Crypto to Buy as Kazakhstan Plans National Crypto Reserve in 2026

2 hours ago
Crypto news

‘Crypto Cloud Reset’: Putin Adviser Accuses US Of Plot To Erase $35 Trillion Debt

3 hours ago
Whales Rush In As Bitcoin Hyper’s $14.6M Presale Becomes $BTC's Ticket to Mainstream Success

Whales Rush In As Bitcoin Hyper’s $14.6M Presale Becomes $BTC’s Ticket to Mainstream Success

5 hours ago
Little Pepe Presale Hits $25M, Almost Sold Out Before Ethereum L2 Launch

Little Pepe Presale Hits $25M, Almost Sold Out Before Ethereum L2 Launch

5 hours ago
$USDD Takes on Tether as L2s Innovate: $BEST Benefits

$USDD Takes on Tether: As L2s Innovate, $BEST Benefits

6 hours ago

Premium Sponsors

Press Releases

  • MINER

    2025 Free Crypto Cloud Mining Sites Detailed Guide: No...

    8 minutes ago
  • BAY Miner’s

    BTC Swings? BAY Miner’s USD Contracts Yield $85,777...

    18 minutes ago
  • Bitcoin

    BTC’s surge doesn’t wait! GMO Miner helps you...

    19 minutes ago
  • Cloud Mining

    Compliance and High Returns: ALR Miner Cloud Mining, with...

    3 hours ago
  • PEPENODE มีมคอยน์กบกอดโทเค็นสุดน่ารัก

    PepeNode เหรียญมีมสาย Mine-to-Earn...

    5 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.