Main notes
- Joao Weedson, CEO of Alphractor, announced that the Altcoin season is already underway, with 37 out of 57 from Altcoins over Bitcoin in the last 60 days.
- Wedson predicts a further decrease in Bitcoin’s dominance, with emphasis that most altcoins has probably decreased.
- Glassnode takes a contradictory approach, noting that both remain less than their historical peaks, with the market still moves mostly.
Altcoins recently showed strength, led by Ethereum’s
Eth
$ 1 845
24 hours fluctuation:
2.6 %
The maximum market:
222.72 dollars b
Folder. 24h:
14.22 dollars b
Mega pump to $ 2700 this week, while bitcoin
BTC
96 $ 611
24 hours fluctuation:
2.1 %
The maximum market:
$ 1.92
Folder. 24h:
$ 29.09 b
Hegemony has decreased at the same time. Market analysts believe that this may be the beginning of the full altcoin season, starting next month in June.
Last week, Bitcoin (BTC.D) dominated the total encryption market from 65 % to 62 %, breaking the upper trend for five months. In a common chart on X by Crypto Analyst Crypto Auris, BTC.D tests a decisive support of 62 %, leading to the start of the real Altcoin season.
$ BTC Hegemony is shattered!
Last week, he clearly referred to rotation. $ ETH Alts gained momentum as some capital flowed from bitcoin. BTC.D now tests the critical 62 % support area.
In order to start the real Altseass, we need this collapse to follow up. Continue watching … pic.twitter.com/roptv240yg
Crypto_Auris May 15, 2025
On the other hand, the total market value of the encryption increased from $ 2.90 trillion to $ 3.24 trillion during the same period. This difference indicates the increasing interest of the investor in alternative cryptocurrencies on Bitcoin.
Altcoin season in movement
Joao Wedson, CEO and founder of the Crypto Analytics Alphractal platform, announced that the Altcoin season is already implemented, with Bitcoin dominating greatly in the coming months.
BTC did not penetrate the price of alpha … and this is a strong sign!
Allow me to share a secretly secret:
I always used Alpha price as one of my main standards to buy and sell BTC – many haven’t believed how accurately my swing deals.
This is logic:
-… https://t.co/nfktrbwpo pic.twitter.com/sjlqvwvsau
– Joao Wedson (@joao_wedson) May 15, 2025
The Wedson Altcoin season index, which is carefully tracked 57 Altcoins, reveals that 37 of them have surpassed Bitcoin over the past 60 days, indicating a noticeable shift in the market momentum towards alternative cryptocurrencies.
The analyst added that even if BTC decreases in the coming weeks, most altcoins have already decreased, and it is unlikely to decrease less than the last price levels. Part of the $ 2 trillion market cover is likely to flow to Altcoins.
The scales on the series continue on the BTC cycle
While Bitcoin’s dominance began to head south of 65 % peak in May, Ethereum witnessed, on the other hand, that its dominance jumped to 9.75 %, by 3 %. The total dominance of Altcoins increased to 22.35 %, which represents an increase of 2 %.
The Blockchain Glassnode Analysis platform stated that despite these gains, ETHEREUM and Altcoins are still lower than their historical peaks by 18 % and 28.5 %, respectively, indicating that the current market direction is still moving it mostly.
$ BTC Hegemony reached its climax at 64.4 % on May 8. since then , $ ETH Hegemony increased to 9.75 % (+3 %), Altcoins to 22.35 % (+2 %), while stablecoins decreased to 6.3 %. Despite the transformation, $ ETH Alts remains less than its peaks by 18 % and 28.5 %. This is still a #BTCPaid cycle. pic.twitter.com/appsmowo
Glassnode May 15, 2025
At the time of writing this report, the Bitcoin price is traded about $ 102,600 and uniforms, while Altcoins acquires stronger momentum. It will be interesting to know if the momentum swings in favor of Bitcoin or Altcoins move forward.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Bhushan is enthusiastic about technology and carries a good tendency to understand the financial markets. His interest in the economy and financing draws his attention towards emerging technology markets and emerging technology. He is in a continuous educational process and keeps himself excited to share his acquired knowledge. In spare time he reads fictional excitement novels and sometimes explores his cooking skills.
The post Ethereum Soars as Bitcoin Dominance Drops — Altcoin Season? first appeared on Investorempires.com.
