Key notes
- Joao Wedson, CEO of Alphractal, said that the Altcoin season was already underway, with 37 of the 57 Altcoins followed outperforming Bitcoin in the last 60 days.
- Wedson predicts an additional decrease in the domination of bitcoin, stressing that most altcoins probably have the bottom.
- Glassnode adopts a contrary approach, noting that the two remain below their historic peaks, the market being still mainly focused on Bitcoin.
Altcoins have shown a recently force, led by Ethereum
Ethn
$ 1,845
24h volatility:
2.6%
COURTIC CAPESSION:
$ 222.72 B
Flight. 24 hours:
$ 14.22 B
Mega Pump at $ 2,700 this week, while Bitcoin
BTC
$ 96 611
24h volatility:
2.1%
COURTIC CAPESSION:
$ 1.92 T
Flight. 24 hours:
$ 29.09 B
Domination has decreased at the same time. Market analysts believe it could be the start of a full -fledged Altcoin season, from next month in June.
During last week, Bitcoin (BTC.D) dominance on the overall cryptography market increased from 65% to 62%, breaking an upward trend of five months. In a graph shared on X by the Crypto Crypto Auris analyst, BTC.D tests a 62%crucial support, will break in which will launch a real season of Altcoin.
$ BTC The dominance crashes!
Last week clearly pointed out a rotation. $ ETh And the alts gained momentum while certain capital escaped Bitcoin. BTC.D is now testing the critical support area of 62%.
For a real allusivity season to start, we need this ventilation to continue. Continue watching … pic.twitter.com/roptv240yg
– Crypto Auris (@crypto_auris) May 15, 2025
On the other hand, the total market capitalization of cryptography increased from 2.90 billions to 3.24 billions of dollars during the same period. This divergence indicates an increasing participation of investors in alternative cryptocurrencies compared to bitcoin.
Altcoin season in motion
Joao Wedson, CEO and founder of Crypto Analytics Platform Alphractal, said that the Altcoin season is already in motion, the domination of bitcoin which should decrease considerably in the coming months.
BTC has not crossed the Alpha price… and it is a powerful signal!
Let me share a personal secret with you:
I have always used the Alpha price as one of my main measures to buy and sell BTC – and many did not believe how precise my swing professions were.
Here is the logic:
– Joao Wedson (@joao_wedson) May 15, 2025
The Altcoin season index owner of Wedson, which follows 57 carefully selected altcoins, reveals that 37 of them have surpassed Bitcoin in the last 60 days, signaling a significant change in the momentum to alternative cryptocurrencies.
The analyst added that even if the BTC decreases in the coming weeks, most Altcoins have already made a background, and it is unlikely that they fall below recent price levels. Part of the market capitalization of 2 billions of dollars of Bitcoin is likely to flow into Altcoins.
Chain metrics show that the cycle focused on the BTC persists
While the domination of Bitcoin began to go south since the summit of 65%in May, Ethereum, on the other hand, saw its domination drop to 9.75%, up 3%. The overall domination of altcoins increased to 22.35%, marking a 2%increase.
The Blockchain Glassnode analysis platform reported that despite these gains, Ethereum and Altcoins remain below their historic peaks by 18% and 28.5%, which indicates that the current market trend remains mainly focused on bitcoin.
$ BTC Domination culminated at 64.4% on May 8. Since then, $ ETh The dominance climbed to 9.75%(+ 3%), altcoins at 22.35%(+ 2%), while the stablecoins fell to 6.3%. Despite the change, $ ETh And the alts remain below their peaks by 18% and 28.5%. It is always a #BTC– Cycle conducted. pic.twitter.com/apksmimowo
– Glassnode (@glassnode) May 15, 2025
At the time of writing the editorial staff, the Bitcoin price is negotiated about $ 102,600 and consolidates, while altcoins earn a stronger momentum. It will be interesting to see if the momentum oscillates in favor of Bitcoin or Altcoins to move forward.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Bhushan is a fintech enthusiast and has a good flair in understanding the financial markets. Its interest in the economy and finance draws its attention to the new technology of emerging blockchain and the markets of cryptocurrencies. He is permanently in a learning process and motivates himself to share his acquired knowledge. In free time, he reads fiction novels to thriller and sometimes explores his culinary skills.
