Altcoins Rally Gains Momentum as Bitcoin Dominance Potentially Declines Below 64%
2025-07-16 12:40:22
Main Idea
Altcoins are experiencing a surge as Bitcoin's market dominance falls below 64%, driven by institutional interest and whale accumulation in DeFi and Layer-2 tokens.
Key Points
1. Bitcoin's market share has declined to approximately 63.5%, indicating a shift in investor preference towards altcoins.
2. Institutional interest and whale accumulation are key drivers behind the altcoin rally, particularly in DeFi and Layer-2 tokens like PENGU and HBAR.
3. Ethereum's ecosystem and Layer-2 tokens are gaining confidence, contributing to the broad-based altcoin rally.
4. Historical data suggests that HBAR's recent 62% price surge mirrors its 2021 cycle, indicating potential for further gains.
5. The decline in Bitcoin dominance reflects a strategic diversification by major investors into risk-on assets.
Description
Altcoins are gaining significant momentum in July 2025, outperforming Bitcoin as investors pivot towards DeFi and Layer-2 blockchain solutions. This shift is marked by a notable decline in Bitcoin dominance,
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