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As Bitcoin Dominance Hits 65%, Altcoin Season Remains Out of Sight

CoinGape LogoCoinGape14h ago

As Bitcoin Dominance Hits 65%, Altcoin Season Remains Out of Sight - CoinGape

Quick Summary:

Independent analyst Markus Thielen shared on social media how the consistent trends that indicated when traders might rotate capital into altcoins are no longer valid.

Bitcoin dominance (BTC.D) hit 64.98% in the first week of May, which is its highest since 2021.

And this has started the chatter about the delayed altcoin season.

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As Bitcoin Dominance Hits 65%, Altcoin Season Remains Out of Sight - CoinGape (Picture 1)As Bitcoin Dominance Hits 65%, Altcoin Season Remains Out of Sight - CoinGape (Picture 2)

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 16:35:28 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 332 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28410381

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 35 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "As Bitcoin Dominance Hits 65%, Altcoin Season Remains Out of Sight" has 332 words across 31 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "As Bitcoin Dominance Hits 65%, Altcoin Season Remains Out of Sight" was covered 14 hours ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 35 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28410381
  • URL: https://inconstantly.beamstart.com/news/as-bitcoin-dominance-hits-65-17464630237789

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