Bitcoin Dominance Drops Below 58% Signaling Altcoin Season Momentum

Bitcoin dominance has declined significantly to around 57-58%, down from highs near 66% in mid-2025, signaling a major shift in the cryptocurrency market dynamics that suggests the onset of an altcoin season. Analysts, including Rekt Capital and Coinbase Institutional, highlight this drop as a transition from a macro uptrend to a macro downtrend for Bitcoin dominance, with key resistance levels at 60% and 57.68% likely to confirm this trend change. This decline has encouraged capital rotation into altcoins, which are poised for substantial gains, supported by increasing liquidity and bullish indicators across the altcoin market. Notably, the Ethereum-based meme coin Pepeto (PEPETO) has emerged as a standout presale candidate, blending meme culture with real blockchain utility, raising over $6.4 million and attracting significant whale interest with its zero-fee trading and staking features. Market watchers remain cautiously optimistic, with some experts like Benjamin Cowen warning of potential Bitcoin dominance rebounds, but the overall sentiment favors altcoins gaining market share and entering a rally phase, especially with expectations of favorable macroeconomic data and ETF approvals in late 2025. Investors are closely monitoring these developments as the market potentially prepares for a sustained altcoin bull run following Bitcoin's recent price surge and dominance loss.