Bitcoin’s market share has declined by 3.22% to 60.5%, marking its lowest dominance level in recent weeks. This contraction signals a substantial capital rotation toward alternative cryptocurrencies across digital asset markets.
Altcoins collectively registered a 15.44% week-over-week increase in market capitalization amid this shift. The reduced Bitcoin dominance highlights growing investor diversification into non-BTC assets, suggesting emerging opportunities across the broader crypto ecosystem.
Analysts interpret this divergence as a potential early indicator for an altcoin growth phase. Market participants are increasingly allocating capital beyond bitcoin amid evolving sector fundamentals and risk appetite trends.