Bitcoin’s share of the cryptocurrency market shrank over the past week amid a renewed altcoin rally, signaling notable shifts in investor allocation within the digital asset ecosystem. Data indicates Bitcoin’s market dominance (BTC.D) fell 5.66% during the observed period, dipping to 60.95% of the total market valuation.
The overall cryptocurrency market capitalization defied Bitcoin’s pullback by expanding 4.35% over the same timeframe. More strikingly, the total market cap excluding Bitcoin – commonly tracked as TOTAL2 – posted a robust 15.13% surge. Further highlighting altcoin momentum, the market capitalization excluding both Bitcoin and Ethereum (TOTAL3) climbed 11.03%, underscoring broad-based growth beyond the top two assets.
This realignment points to accelerating capital rotation from Bitcoin into alternative cryptocurrencies. The significantly stronger growth rates observed in non-Bitcoin segments demonstrate increased investor optimism toward altcoins despite Bitcoin’s continued position as market leader. The expansion emphasizes evolving diversification strategies among market participants seeking exposure beyond dominant assets.