Bitcoin Dominance Hits 64.58% As Altcoins Face Speculative Future

Generated by AI AgentCoin World
Sunday, Jul 13, 2025 3:14 am ET1min read

The chief executive of

Bitcoin
(BTC) financial services firm Fold has issued a warning about altcoins, asserting that Bitcoin's market dominance is on an irreversible upward trajectory. In a recent interview, Fold CEO Will Reeves attributed Bitcoin's recent all-time high to a combination of high institutional demand and low supply.

Reeves explained that the current market dynamics reflect the fundamentals of Bitcoin, where massive demand meets a finite supply. He noted that the rise of Bitcoin treasury companies and exchange-traded funds (ETFs) has opened up new classes of capital, driving up the price as trillions of dollars start investing in the asset.

According to Reeves, the increasing appetite for BTC will cause its dominance levels to rise irreversibly, leaving countless altcoins to compete for capital. He believes that altcoins will remain speculative, as Bitcoin is the only credibly neutral digital asset in issuance with a proven track record. All other tokens, he argues, are still proving extraordinarily speculative use cases without the stability of Bitcoin.

Reeves' comments highlight the growing trend of Bitcoin's market dominance, which currently stands at 64.58%. This trend is likely to continue as more investors recognize the value and stability of Bitcoin, further cementing its position as the leading cryptocurrency. The warning about the speculative nature of altcoins serves as a reminder to investors to approach these assets with caution, as their value can be highly volatile and unpredictable.

Reeves' perspective underscores the importance of understanding the underlying fundamentals of cryptocurrencies. While altcoins may offer the potential for significant gains, they are also subject to high levels of risk and volatility. In contrast, Bitcoin's market dominance is a testament to its stability and reliability, making it a more attractive investment option for many investors. As the cryptocurrency market continues to evolve, it is likely that Bitcoin will remain the dominant force, with altcoins playing a more supporting role.