Close Menu
    What's Hot

    The Smarter Web Company Expands Bitcoin Holdings to 1,600 BTC and Introduces New Valuation Metric

    July 17, 2025

    Algorand (ALGO) Surges with Fedwire Adoption and DeFi Growth: Is $0.35 Next?

    July 17, 2025

    Crosschain Laundering Rises 200% in Two Years to $21B: Elliptic

    July 17, 2025
    Facebook X (Twitter) Instagram
    Dogcrypto.blog
    • Home
    • Altcoin
    • Bitcoin
    • Blockchain
    • Ethereum
    • Meme Coin
    • NFTs
    Contact
    Dogcrypto.blog
    Home»Bitcoin»Altcoins Surge While Bitcoin Dominance Holds: Analyst
    Bitcoin

    Altcoins Surge While Bitcoin Dominance Holds: Analyst

    dogcryptoBy dogcryptoJuly 12, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A crypto analyst suggests altcoins may have plenty more upside, as many are already surging without pulling much market share from Bitcoin.

    “BTC dominance hasn’t even sneezed and Alts are ripping,” crypto analyst Matthew Hyland said in an X post on Friday. 

    Bitcoin reaches new highs on three consecutive days

    TradingView shows Bitcoin (BTC) Dominance is 64.46% at the time of publication, down just 1.53% over the past week, while altcoins saw significant price spikes amid Bitcoin reaching new all-time highs on Wednesday, Thursday, and reaching $118,760 on Friday.

    Hyland said, “What do you think happens if it drops from 65 to 45.”

    Bitcoin dominance is 64.60% at the time of publication. Source: TradingView

    Analysts have traditionally used Bitcoin Dominance to gauge the timing of altcoin season, with a decline typically seen as a signal that altcoins are gaining market share.

    However, while BTC Dominance stayed relatively steady, the recent altcoin surge could signal that fresh capital is flowing into the wider market.

    MemeCore (M) leads the top 100 crypto gainers over the past seven days with a 1,263% surge, followed by Mog Coin (MOG) up 75.01%, and Stellar (XLM) up 67.43%, according to CoinMarketCap data.

    Cryptocurrencies, Bitcoin Price
    Ether is up 7% over the past 30 days. Source: CoinMarketCap

    Ether (ETH), the second largest crypto by market cap, is up 17.68% over the past seven days, which is often another indicator traders use to determine when the focus is turning from Bitcoin to the broader market.

    Trader says this will be the “final easy” Altcoin season

    The ETH/BTC ratio, which measures Ether’s relative strength against Bitcoin, is up 8.39% over the past seven days.

    However, CoinMarketCap’s Altcoin Season Index suggests the market is still heavily favoring Bitcoin, with the Index reading a “Bitcoin Season” score of 29 out of 100.

    In an X post on Friday, MN Trading Capital founder Michael van de Poppe said, “I assume that we’re about to witness the final easy and biggest bull ever on Altcoins.”

    Related: Is the crypto market entering a new supercycle? Here are 5 ways to know

    Meanwhile, Santiment recently said that their metrics indicate that the altcoin season has begun. “The data confirms that, for now, it has,” Santiment said.

    “As long as Bitcoin can maintain its position above the crucial psychological support level of around $110k, traders will likely feel comfortable redistributing profits into altcoins,” they added.

    Magazine: Inside a 30,000 phone bot farm stealing crypto airdrops from real users