NewsBTC

17 June 2025

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Bitcoin Dominance Surges Above 64%, Altcoin Season Unlikely

Bitcoin Dominance Rises, Altcoin Season Unlikely

• Daan Crypto reports Bitcoin dominance above 64%, likely to continue increasing.
• Institutional investors are accumulating Bitcoin, diminishing prospects for an altcoin season.
• Many altcoins face significant selling pressure and lack sufficient spot bids.
• Currently, only 10 out of the top 50 altcoins have outperformed Bitcoin in the last 90 days.
• Market participants are advised to choose altcoin investments carefully, as most may underperform Bitcoin over time.

Data from BlockchainCenter confirms it is still Bitcoin season. Analyst Astronomer suggests that while an altcoin season is anticipated, it may take longer, requiring BTC to break key levels while maintaining dominance below 65%.

As of now, Bitcoin is trading at approximately $107,300.