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Bitcoin Market Cap Share

Cryptocurrency analyst Rekt Capital stated that Bitcoin's market cap share needs to exceed 70% to initiate a new round of "altcoin season."

ChainCatcher news, according to crypto analyst Rekt Capital, Bitcoin's market cap dominance (BTC Dominance) needs to break 70% to potentially welcome a new altcoin season. Currently, Bitcoin's market cap dominance has risen to 64.3%, then fell back to 61%, but the overall trend is still upward.Analysis indicates that the altcoin season at the end of 2024 has already ended. Bitcoin has started to recover since it fell below 55% last December, and it has now risen by 6%. Historical data shows that 71% is a critical point for Bitcoin's market cap dominance. If BTC.D encounters resistance at this level, the market may welcome a new round of altcoin trends.
2025-02-06
BTC Dominance
Bitcoin Market Cap Share
Altcoin Season
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