MEXC COO: “Bitcoin Dominance Decline Could Signal Altcoin Season!”

Updated

May 15, 2025

Gambar MEXC COO: “Bitcoin Dominance Decline Could Signal Altcoin Season!”

Jakarta, Pintu News – According to Tracy Jin of MEXC, several indicators suggest that altcoin season may be just around the corner, including the decline of Bitcoin Dominance (BTC.D) and the strong performance of Ethereum .

Check out the full analysis in this article!

Bitcoin Dominance (BTC.D) Decline

Bitcoin Dominance (BTC.D), which has started to decline recently, indicates a possible shift to altcoin season. On Tuesday, May 13, Bitcoin’s share of the total crypto market capitalization dropped to 61.3%, down from nearly 65% the previous week.

This drop marks a significant change that may lead to increased interest in altcoins. Tracy Jin, COO of MEXC, identified this as one of several early indicators that altcoin season may be coming.

Meanwhile, traders seem to be moving away from stablecoins, while certain altcoins are experiencing a surge in interest.

Altcoin Season Early Indicators

Bitcoin Dominance (BTC.D) has recently seen a notable decline, from 65% down to 62%, while altcoin market capitalization surged $300 billion in a few weeks. Changes like this don’t happen for no reason.

Some of the early signals commonly seen are a decrease in Tether Dominance, an improved price structure on altcoin charts, and increased interest in sector leaders such as Monero (XMR), Sui , and Bittensor (BTT). According to Tracy Jin, this increase shows that there is a shift in interest from Bitcoin (BTC) to altcoins.

This is supported by the increased risk shown by traders seeking higher yields, and many consider Bitcoin (BTC) to be an overbought asset.

Also read: Bitcoin (BTC) heading towards $110,000? Here’s the latest analysis after US inflation data!

Ethereum Leads Altcoin Rise

Ethereum (ETH) is also showing signs of growing interest in altcoins. On May 13, Ethereum (ETH) jumped 9.99% in one day and is now up more than 50% in one week, from $1,778 to $2,696. This performance is another indicator that shows the early potential of the altcoin season.

This performance of Ethereum (ETH) shows that there is a change in sentiment among traders who were previously bearish. Now, with a surge in risk appetite, there is renewed interest in Ethereum (ETH) and other smaller altcoins. This could be the beginning of a larger shift from Bitcoin (BTC) to altcoins.

Also read: Ripple (XRP) Potentially Reaches $3, Overtakes USDT as Third Largest Crypto Token!

Potentially Dominant Sectors

Although still in “Bitcoin Season”, Tracy Jin believes that this may mark the beginning of a reversal. His sectors that may be the biggest winners in the next few weeks are artificial intelligence , privacy, and decentralized finance .

These sectors offer significant growth potential and could be a major draw for traders looking to diversify away from Bitcoin (BTC). With these changes, it could be that we will see more innovation and adoption in the crypto space, which will ultimately benefit the entire industry.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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