This metric reaches levels that were not seen since February 2025.
In addition, the Blockchain Center Altseason index is rapidly increased.
Bitcoin (BTC) is “suffering” an accelerated loss of dominance in the cryptocurrency market and, in parallel, the Altseason index begins to increase.
Bitcoin dominance fell on Wednesday, August 13 to 59.18%, its lowest level since February 2025, as observed in the following graphic of TrainingView. This decrease It occurs while the price of the currency remains lateralized about $ 120,000as can be seen in the cryptootic calculator, and other cryptocurrencies show relevant increases.
Ethher (ETH), the cryptocurrency of the Ethereum Network, advanced up to $ 4,700, leaving 200 dollars from a new historical maximum. This rebound occurs in a context in which most Top 100 assets for market capitalization record upward movements. Among them, Solana (Sol) rose 15.3% and Dogecoin (Doge) increased 12%, while OKB had an increase of 134.8% in the same period.
The setback in the dominance of BTC and the rise of cryptocurren Ubicaat the close of this report, in 51%. This indicator measures the proportion of cryptocurrencies, excluding stablcoins, which have had better performance than Bitcoin in the last 90 days. The criterion to consider that there is a “Altcoin Season” is that At least 75% of the 50 main currencies exceed BTC’s yield in that period.
Currently, the index is found in intermediate terrain, but the upward trend suggests a possible approach to that threshold if the buying pressure on cryptocurrencies is maintained. The combination of a Bitcoin dominance in recoil and strengthening other projects has been, in previous cycles, a sign that the market is temporarily leaning towards active other than BTC.
BTC’s behavior in recent weeks has been consolidated, with oscillations limited around $ 120,000, without breaking key levels. This lateral pattern has facilitated that part of the capital of the market moves to cryptocurrencies with less capitalization, promoting its prices.
According to historical records, similar movements in BTC dominance have coincided with phases in which capital seeks opportunities of higher performance in alternative projects, Although this type of cycles can quickly reverse if Bitcoin takes up a strong directional tendency.
