- Bitcoin dominance suppresses altcoin gains, impacting market dynamics.
- Lack of new altcoin season since 2017.
- Institutional focus remains on Bitcoin and Ethereum.
Michaël van de Poppe, a prominent crypto analyst, has highlighted the underperformance of altcoins in 2025 due to the high dominance of Bitcoin in global markets. His analysis underscores the absence of a true altcoin season since 2017.
The event highlights the stagnation of altcoin growth in the shadow of Bitcoin’s dominant market position, affecting investor sentiment and market dynamics.
The 2025 market landscape shows Bitcoin dominance remains high, suppressing altcoin growth in global crypto markets. Analysts note lackluster altcoin season dynamics have persisted, especially compared to 2017. Investors face challenges as altcoins fail to replicate past successes.
Key players in 2025 include Michaël van de Poppe, who noted the complexity of current cycles. Despite some short-lived rallies, major shifts like institutional participation in Bitcoin ETFs highlight the broader market trend toward Bitcoin and Ethereum. Altcoins outside the top 10 have struggled.
The current conditions impact market participants, reshaping crypto strategies toward foundational projects. Market volatility and concentration are evident, while smaller altcoins face diminishing capital flows. The disparity between Bitcoin and small-cap altcoins widens.
The financial implications are significant. High Bitcoin dominance diverts funds away from smaller altcoins. Regulatory frameworks remain unaffected, but altcoins experience lower trading volumes. This cycle continues to test investor patience and strategies with mixed performances.
With Bitcoin Exchange Traded Fund (ETF) inflows favoring Bitcoin, the market’s path reveals changing institutional preferences. Van de Poppe advises on focusing on fundamentals over hype cycles, with an emphasis on market trends evident in past cycles.
This cycle has proven to be completely different than previous cycles and it has proven to be super complex.
As the 2025 narrative unfolds, the sobering realities for the broader altcoin segment emerge. Historical precedents like the 2017 altseason contrast sharply with today’s restraint amid heightened Bitcoin dominance, suggesting continued market evolution towards fewer volatile assets.
