Analysts predict that June may see an increase in altcoin activity, potentially redistributing some of the market cap currently held by Bitcoin, which is valued at approximately $2 trillion. This shift could indicate the onset of an 'altcoin season,' a period commonly characterized by rapid price increases among various cryptocurrencies, often at Bitcoin’s expense. As investors look for profits in altcoins, there may be a notable decrease in Bitcoin's dominance in the market, echoing similar patterns observed during previous altcoin seasons. Such dynamics often reflect a strategic pivot among traders aiming to capitalize on volatility and the varying performance of alternative tokens, suggesting a shift in investor sentiment and market behavior as we move toward mid-2025.

Source 🔗