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Bitcoin’s Market Share Set to Plummet 35% — Is a Major Altseason Brewing by August 24, 2025?

The cryptocurrency market is buzzing with anticipation as market analyst Egrag Crypto suggests a significant altseason may be on the horizon. As of August 24, 2025, the Bitcoin Dominance (BTC.D) chart has been the focal point of Egrag Crypto’s analysis, which hints at a potential decline in Bitcoin’s market share, thus paving the way for altcoins to shine.

Bitcoin’s Grip Loosening?

Egrag Crypto’s observations are centered on the BTC.D chart, where a recent close below the 21-week Exponential Moving Average (EMA) has caught the attention of many. Historically, such a move has signaled a sharp dip in Bitcoin’s dominance—by as much as 43% on average. Should this pattern hold, we might witness Bitcoin dominance dropping to an estimated 35%. This isn’t just a shot in the dark; the target dovetails with the lower boundary of a linear regression channel on a logarithmic scale, adding weight to the prediction.

The implications? A bullish period for altcoins, often termed an “altseason,” where altcoins outperform Bitcoin significantly. Egrag Crypto dubs this potential phase as “The Mother of All Altseasons,” suggesting colossal returns could be on the cards for investors willing to stake their claim in the altcoin market. This aligns with recent observations of Bitcoin Treasury Demand Slowing as Ethereum and altcoin buyers rise.

Ethereum’s Role in the Altcoin Surge

Adding another layer to the unfolding story is Titan of Crypto, another market analyst who highlights the Ethereum-to-Bitcoin (ETH/BTC) monthly chart as a harbinger of change. ETH/BTC has recently breached its resistance trendline, a move that historically heralds a broader altcoin rally. The strengthening of Ethereum relative to Bitcoin often acts as a catalyst, enticing capital flows into the altcoin market at large. This is further supported by the recent surge in Ethereum Perps Volume Setting New Records Against Bitcoin, indicating a shift in market dynamics.

Currently, the altcoin market holds a significant position, valued at $1.64 trillion, which accounts for 41.6% of the total cryptocurrency market cap. With Ethereum’s recent price action potentially leading the charge, altcoins are primed for substantial gains.

Historical Context and Future Prospects

The potential decline in Bitcoin’s dominance echoes past patterns where altcoins have surged. In previous cycles, similar technical setups have led to altcoin markets thriving while Bitcoin’s share contracted. However, the market’s unpredictable nature means nothing is guaranteed. Analysts remain divided, with some warning that not all altcoins will benefit equally. Factors like community strength, market cap, and real-world utility could determine the winners in this anticipated altcoin renaissance.

While some argue that the increased volume of altcoins over the past few years diminishes the chance of a broad-based rally, others, like Egrag Crypto, believe selective performances based on specific criteria will define this altseason.

Looking Ahead

As the crypto community watches with bated breath, the question remains: Can this trend sustain itself, or is it a fleeting moment in the volatile world of digital assets? Investors and analysts alike will be keeping a close eye on the BTC.D and ETH/BTC charts for further clues.

The potential for an altseason brings both excitement and skepticism. While the technical indicators and historical trends suggest a shift, the unpredictable nature of the crypto market means nothing is set in stone. Whether this will be the “Mother of All Altseasons” is yet to be seen, but one thing is certain—the coming months promise to be anything but dull for crypto enthusiasts.

Source

This article is based on: Bitcoin Dominance Tipped To Crash 35% — Major Altseason Ahead?

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