Bitcoin Dominance Nears 71% – Is It a Warning or the Calm Before Altcoin Season?

By: cryptosheadlines|2025/05/08 05:30:05
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Bitcoin is once again dominating the crypto conversation, not just in price, but in overall market presence. According to trader Rekt Capital, BTC’s dominance has now climbed past 65%, marking a key milestone that could trigger major changes in the market.So, the big question is—are we looking at a warning sign for altcoins, or is this just the quiet before a full-blown altcoin season kicks off?Bitcoin Dominance On Its Way To Hit 71%Over the past several months, Bitcoin dominance has been steadily climbing, meaning Bitcoin is now taking up a larger share of the total crypto market. This usually happens when investors are more focused on Bitcoin than other cryptocurrencies. A recent chart shared by crypto analyst Rekt Capital shows how Bitcoin’s dominance is now approaching a critical resistance zone near 71%—a level it has struggled to break in past cycles.Right now, Bitcoin sits at 65.38% dominance, just about 6% away from that mark. If this trend continues, the market could be nearing an important turning point.Ethereum’s Struggles Against BitcoinAt the same time, Bitcoin’s price has jumped to $97,000, up 30% from its lowest point this year. This strong price performance is part of why Bitcoin dominance is rising, investors are choosing BTC over other coins.On the other hand, altcoins are losing momentum. Ethereum, the second-largest cryptocurrency, has seen its market share shrink to just 7.5%. That’s a big drop from its peak of over 22% back in 2022. Even though Bitcoin is rallying, Ethereum isn’t following the same path. In fact, Ethereum’s value compared to Bitcoin is now nearing record lows.Are Altcoins About to Wake Up?But if Bitcoin dominance keeps rising, altcoins may continue to lag. But if that 71% level holds strong and triggers another reversal, it could be the start of an “altcoin season,” a period when smaller coins gain strength while Bitcoin cools off.Currently, the Altcoin Season Index is at 29, suggesting that the altcoin season still has some time left. For the season to fully kick in, at least 50 out of 75 altcoins need to outperform Bitcoin.Source link

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From a numbers standpoint, Real Madrid stayed composed under pressure, completing 526 passes with a 52.4% share of possession. Atlético struck first in the 33rd minute through Lookman. After the break, Real Madrid flipped the game: Vinícius converted a penalty to level, then Valverde fired them ahead. Molina pulled Atlético back on level terms, but Vinícius stepped up again in the 72nd minute to seal the win. Late drama followed as Valverde saw red, forcing Real Madrid to defend deep with ten men through the final stretch. Atlético's aggressive approach—12 fouls and 4 yellow cards—kept the pressure on, but they couldn’t stop the comeback.

WEEX Insights: As the official LALIGA partner in the Hong Kong and Taiwan regions, WEEX sees this win as a masterclass in control under pressure. Even after a red card and constant attacks, Real Madrid stayed sharp and executed with precision. That same discipline—staying calm in volatile moments and acting with clarity—reflects the core trading mindset WEEX stands for. LALIGA fan campaigns are coming soon—celebrate the game with WEEX.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

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X: @WEEX_Official

 Instagram: @WEEX Exchange 

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Discord: WEEX Community 

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