As a consequence, the Altseason index goes back.
It can be a natural market correction and not necessarily be somewhat extensive.
Bitcoin dominance (BTC) in the market grew to 61.3% in the current day, this represents an increase from 60% recorded on July 21.
This metric, which measures the proportion of the total capitalization of the cryptocurrency market that Bitcoin occupies, It indicates a greater capital flow of investors to BTC compared to capital that flows to other digital assets.
Therefore, this increase in Bitcoin dominance generates complications for Altcoins, who face difficulties in maintaining their performance.
According to Blockchain Center dataan “Altseason” occurs when 75% of the 50 main cryptocurrencies per capitalization exceed Bitcoin’s performance in the last 90 days. Currently, only 47% of these cryptocurrencies have surpassed BTC In that period, which rules out a season of Altcoins in the short term.
Despite this dynamic, the correction in the Altcoins reflects a natural market rebalancing after a period of bullish speculation. This adjustment, without panic or mass sales signs, strengthens the bases for sustainable growth.
In addition, as cryptootics pointed out, indications of a possible Altseason persist, suggesting that this pause could be temporary. The market reached phase 3 of the cryptocurrency cycle, characterized by a capital rotation from Bitcoin to large capitalization cryptocurrencieslike Ether (ETH), Ethereum cryptocurrency. Perhaps now a phase setback is being seen and Bitcoin is again the digital asset that shines the most.
In this context, although the Altseason has not materialized, the market shows preparation signals. Alcist expectations for 2025, especially for Ethereum and other cryptocurrencies, remain solid, backed by increasing optimism and capital rotation that could reactivate impulse at any time.
