Earlier this month, Bitcoin dominanceāthat is, the leading coinās share of the total crypto market capāhit a four-year peak, regaining ground that was previously taken up by surging altcoins. But now itās falling.
Why? Analysts that Decrypt spoke with pointed to changing market dynamics, thanks to investors getting more comfortable with risk as Trumpās trade war cools off.
Weāve seen spiking altcoin gains in recent weeks, typically outpacing those of Bitcoin itself, and that growing value is lessening Bitcoinās share of the marketāmodestly, at least. Bitcoin still holds over 60% of the market.
Does that mean altcoin season is imminent? Maybe not. Grayscale Head of Research Zach Pandl said that Bitcoinās share of the market is more likely to plateau than sharply drop much further amid growing alt optimism.
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Bitcoin price above $104,000.00 on May 18, 2025, at 11:59pm UTC?
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ā[World Liberty Financialās] refusal to answer even the most basic questions about President Trumpās financial entanglements with the company raises serious concerns. And I will continue demanding transparency for the American people.ā
Senator Blumenthal isnāt satisfied with World Liberty Financialās response to his inquiry
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