Recently, the crypto assets market has seen remarkable changes. Bitcoin, the leader digital money that has long dominated the market, is facing serious challenges to its market share. This trend has been evident since January of this year, and as the price of Ethereum continues to climb, Bitcoin's market dominance is further being challenged.



Currently, Bitcoin's market share in the entire Crypto Assets market has fallen below a critical level. This indicator has been continuously declining since the end of June, with a cumulative drop of 10%. This phenomenon has sparked discussions in the industry about the potential return of the so-called 'altcoin season.' Generally speaking, when Bitcoin's market share falls below 50%, it is considered a signal of prosperity for the altcoin market.

It is worth noting that since the bear market at the end of 2022, Bitcoin's market share has gone through a period of increase. However, according to TradingView data, during the market rebound in December 2024, Bitcoin's dominance briefly fell below 55%, although it has since recovered.

Industry analysts believe that the decline of Bitcoin's dominance may signal a significant rise in altcoins during the new bull market. Professionals predict that within the next six months, Bitcoin's market share may further drop to around 45%, while some altcoins could experience increases of 10 times or even 50 times.

However, investors should take these predictions with caution. The crypto assets market has always been highly volatile, and any investment decision should be based on a thorough understanding of the risks involved. With potential changes in the market landscape, closely monitoring the performance of various digital money assets will become increasingly important.
BTC-1.01%
ETH-3.55%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ConfusedWhalevip
· 15h ago
The bull run is coming, charge!
View OriginalReply0
PebbleHandervip
· 08-13 07:51
BTC is bearish, altcoins are about to make a move.
View OriginalReply0
SerumDegenvip
· 08-13 07:51
ngmi... been watching btc dom bleed since jan, this time feels different tbh
Reply0
GreenCandleCollectorvip
· 08-13 07:44
The more you die, the more you will eat dirt.
View OriginalReply0
BlockDetectivevip
· 08-13 07:42
Is the small coin about to fly?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)