Bitcoin’s dominance in the cryptocurrency market has reached nearly 65%, approaching a key resistance level of 70.98%. This surge has intensified speculation among analysts and investors about the potential for a coming 'altseason,' where altcoins might outperform Bitcoin.
Currently, investor attention and trading volumes are heavily concentrated on Bitcoin, causing pressure on altcoins and leading to a 28% decline in the altcoin market since early 2025. Only 17% of altcoins have outperformed Bitcoin recently, reflecting Bitcoin’s commanding market position, which is further amplified by substantial institutional investments from players like BlackRock. These investors tend to hold onto their Bitcoin, rather than rotating profits into altcoins, which has been typical in prior cycles.
Historical market trends suggest altcoin rallies often follow Bitcoin dominance peaks, typically several months after Bitcoin price bottoms. However, current circumstances suggest the altseason could be delayed as institutional interest in Bitcoin remains high. Technical indicators show Bitcoin is in overbought territory, but analysts see no immediate signs of a reversal. The upcoming Federal Open Market Committee meeting is cited as a potential catalyst for shifts in the crypto market dynamic in the coming months.