Bitcoin’s prolonged stagnation below the $120,000 psychological barrier is fueling widespread speculation about the emergence of a new altcoin season.
Major alternative cryptocurrencies including Solana (SOL) and Dogecoin (DOGE) have registered substantial gains during this period, while XRP achieved a significant milestone by surpassing McDonald’s market capitalization — highlighting growing investor appetite beyond Bitcoin.
Market dominance metrics underscore this shift, with Bitcoin’s share dropping noticeably from 64% to 60% and Ethereum expanding from 9.7% to 11.6% of total cryptocurrency market value.
Technical analysts caution that Bitcoin’s extended bull run shows signs of exhaustion, potentially paving the way for heightened altcoin activity. Market participants are advised to closely monitor real-time analytics and expert assessments to navigate evolving conditions.
This redistribution of capital signals changing sentiment across crypto markets as traders diversify exposure ahead of potential altcoin opportunities.