The post Ethereum, Dogecoin, XRP Lead the Charge as Altcoin Season Heats Up appeared first on Coinpedia Fintech News
The crypto market is signaling an early trend shift as capital flows out of Bitcoin and into altcoins. While Bitcoin has long been the dominant player, recent movements suggest that traders are now betting on alternative cryptocurrencies for stronger returns.
Bitcoin Dominance Drops as Altcoins Outperform
Crypto analyst Kyle Chassé highlighted a notable drop in Bitcoin dominance—from 65% to 60% in just 30 days. This is one of the steepest declines in recent months, signaling a possible rotation toward altcoins.
Altcoins have capitalized on this shift:
Ethereum surged 26%
Dogecoin jumped 40%
XRP climbed 22%
Cardano rose 23%
These consistent gains are not just outperforming Bitcoin—they’re reviving hopes of a new altcoin season.
Altcoin Season Index Signals Momentum
The Altcoin Season Index has jumped from 35 to 50 over the past month. While the official altseason threshold is 75, this sharp climb reflects increasing momentum in the altcoin market.
Investors are growing more confident in altcoins’ upside potential.
Supporting this trend, the TOTAL3 market cap, which excludes both Bitcoin and Ethereum, has climbed nearly 33% month-over-month.
At the same time, USDT dominance is falling, showing that traders are moving funds out of stablecoins and back into riskier assets. With Bitcoin’s price action stalling, the spotlight is now squarely on altcoins.
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Altseason Is Close, But Not Confirmed
Not everyone is convinced. Investor Mourad Farouni compared the current market setup to the post-2016 election rally, noting that while things look bullish, a full confirmation of altseason hasn’t yet occurred.
Meanwhile, analyst Michaël van de Poppe sees the recent dip as a healthy correction, not a bearish reversal. He believes that short-term volatility is expected during an early-stage altcoin bull cycle and encourages traders to stay focused on technicals rather than give in to panic.
“Selling out of fear isn’t a strategy if your long-term thesis is intact,” he says.
All indicators point to a market leaning heavily into altcoins. From price performance to volume shifts, the signals are stacking up. If momentum holds, the coming weeks could confirm the arrival of a full-blown altseason, with huge potential upside for early movers.
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