Bitcoin News Today: Bitcoin Dominance Dips to 58.6% as Altcoin Season Gains Momentum

Generated by AI AgentCoin World
Wednesday, Aug 13, 2025 3:56 pm ET1min read
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Aime RobotAime Summary

- Bitcoin's dominance MACD bearish crossover historically signals altcoin seasons, with 2017 and 2020–2021 rallies as precedents.

- BTC dominance fell to 58.6% (lowest in months), while ETH rose to 12.26% as capital shifts to altcoins.

- Ethereum, Solana, and Chainlink surged 4.5-12.8% amid ETF inflows, institutional buying, and whale accumulation.

- Altcoin Season Index at 37/100 suggests early rotation phase, supported by Fed rate cut expectations and cooling inflation.

- Analysts caution MACD signals aren't guarantees, but note BTC dominance could drop to 45% if trends continue.

The cryptocurrency market is currently showing signs of a potential altcoin season, driven by a bearish crossover in Bitcoin's (BTC) dominance MACD. This technical signal, observed in the monthly MACD indicator, has historically coincided with major altcoin rallies, notably in 2017 and 2020–2021. The event has drawn attention from traders and analysts, who view it as a potential precursor to a shift in market capitalization from

Bitcoin
to smaller, more volatile cryptocurrencies [1].

BTC dominance, which measures Bitcoin's market capitalization as a percentage of the total crypto market, has continued to decline. As of the latest data, Bitcoin’s dominance stands at 58.6%, the lowest level seen in recent months, while Ethereum’s share has risen to 12.26%. This trend suggests that investors are increasingly allocating capital to alternative cryptocurrencies, which is reflected in rising trading volumes and improved sentiment [2].

Ethereum (ETH) is among the altcoins showing strong performance, with the token breaking key resistance levels and reaching $4,663.76. The price is currently within 4.5% of its all-time high, supported by

Ethereum
ETF inflows and institutional buying activity.
Solana
(SOL) has also seen a 12.84% increase in the last 24 hours, trading at $197.90 as it approaches a critical resistance level at $205.87.
Chainlink
(LINK) has also gained momentum, rising 12.75% in a single day to $24.20, with institutional adoption and whale accumulation reinforcing its upward trajectory [2].

The Altcoin Season Index currently stands at 37/100, a level that historically signals the early phase of a market rotation from Bitcoin to altcoins. This technical backdrop, combined with broader macroeconomic factors such as the anticipated September Federal Reserve rate cut and cooling inflation data, has contributed to a generally optimistic market environment [2].

Analysts highlight that the bearish MACD crossover in BTC dominance is not a guarantee of an altcoin boom, but it is a rare and significant signal. Given its historical correlation with major altcoin seasons, it is being closely monitored as a potential indicator that Bitcoin’s dominance could fall further, possibly to as low as 45% [4].

With ongoing developments in Ethereum’s ecosystem, Layer-2 adoption, and altcoin innovation, many traders believe this could mark the beginning of a new cycle for altcoins. Investors are advised to remain cautious but attentive, as the current market dynamics suggest a shift that could offer substantial opportunities for those prepared to navigate the volatility.

Source: [1] https://www.ccn.com/analysis/crypto/altcoin-season-intensifies-bitcoin-dominance/

[2] https://coinstats.app/news/53d4415ae9e2cfd0418667f897f06e8b595fc18016056e1a0dc86965e2f8502a_Ethereum-Solana-Chainlink-Price-Analysis-for-Today/

[3] https://www.mitrade.com/insights/news/live-news/article-3-1035029-20250813

[4] https://www.coingabbar.com/en/price-prediction/altcoins-new-highs-august-bitcoin-dominance-falls?srsltid=AfmBOoqu6FhGwesuh3I81Wn27MlozrbegiqJcycSWGrgkFMzESYVxsZY