Bitcoin Dominance at 65% Halts Altcoin Season

Generated by AI AgentCoin World
Friday, Jul 4, 2025 6:40 am ET1min read
BTC
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Market analyst and expert Stockmoney Lizards has expressed skepticism about the imminent arrival of an altcoin season, citing the high dominance of

Bitcoin
as a key factor. In a recent post on X (formerly Twitter), Lizards informed their followers that the altcoin season is not happening anytime soon, stating that it is “not even remotely close.” The analyst pointed to the rising Bitcoin dominance as the primary reason for this assessment.

Lizards analyzed the chart to explain that despite a slight decrease of around 2% in Bitcoin dominance, it remains significantly high. The dominance continues to trade within a channel that suggests a possible increase, which would be unfavorable for altcoins. The analyst noted that the Bitcoin dominance has managed to hold above 65%, a level that has historically been too high for an altcoin season to occur. Previous altcoin seasons have only begun when the dominance fell toward 40%.

The analyst does not entirely rule out the possibility of an altcoin season in the future, acknowledging that it will still come. However, for now, Bitcoin continues to dominate the market, as Lizards explained that “BTC is the measure of all things.”

As the Bitcoin dominance has risen, the altcoin dominance has fallen to levels not seen in years. For instance, the last time the Bitcoin dominance was above 65% was back in 2021 before it crashed to usher in the altcoin season. Similarly,

Ethereum
dominance has dropped to 5-year lows, sitting at only 8%, which greatly diminishes its ability to pull the altcoin market up with it.

The altcoin dominance, excluding Ethereum, has now dropped to 26%. The last time the dominance of other altcoins was this low was in 2021, right around when the altcoin season was starting. This suggests that the current market could be at the cusp of another altcoin run. However, for there to be any sustainable altcoin season, the Bitcoin dominance must first crash. Historical data from 2017 and 2021 indicates that at least a 40% crash in the Bitcoin dominance is required to usher in the altcoin season.