Bitcoin dominance falls to 6-month low as Ethereum and altcoins surge
Over the past six months, Bitcoin’s market dominance — which measures its share of total cryptocurrency market capitalization — has declined to approximately 57.4%, down from around 65% two months ago and 61.7% as recently as last week.
This reduction reflects a clear shift in investor interest toward altcoins, as evidenced by heightened search trends for tokens such as Ethereum, Solana, and Dogecoin.
One of the most notable developments is Ethereum’s rising dominance, now at 13.62%. This is fueled by strong price performance and massive ETF inflows. Over the past month, Ether has surged 51.68%, currently trading around $4,700, less than 4% below its all‑time high of approximately $4,890 recorded in November 2021. In the past week alone, Ethereum rose 28%, bolstered by a staggering $1.08 billion in daily net ETF inflows.
The inflows are largely attributed to institutional interest via ETFs: BlackRock’s ETHA fund brought in about $640 million, while Fidelity’s FETH fund garnered another $276 million, pushing total assets under management across Ethereum ETFs to around $26 billion.
Meanwhile, other large‑cap altcoins are not far behind. Solana gained 23% and Dogecoin 21% in the past week, making them among the top weekly gainers by market capitalization. Observers interpret these movements as part of a broader capital rotation, possibly signaling the onset of “altcoin season”, where high‑cap digital assets gain rapidly before Bitcoin potentially reasserts its dominance.
Despite this shift, Bitcoin’s price remains resilient, trading near $118,152, down about 4.2% on the day but still showing a 26% gain year to date, demonstrating sustained investor confidence in BTC even as its market share contracts.
That said, analysts caution that the rush into altcoins carries risks, particularly in a market flooded with projects that may lack strong fundamentals, active teams, or sufficient liquidity, factors that can magnify volatility and risk of sharp corrections.
They advocate for careful due diligence, diversification, risk-management tools like stop-loss orders, and allocating only what investors can afford to lose.
In conclusion, the crypto landscape is currently marked by a broad diversification away from Bitcoin, driven by strong performance and institutional flows into altcoins, especially Ethereum, but tempered by warnings about the underlying fragility of many altcoin projects and the potential for market reversals.
Source: Cryptopolitan
Why $10,000 ETH could be within reach
Over the past six months, Ethereum (ETH) has soared by 67%, far outperforming Bitcoin, which recorded only around a 20% gain, a performance divergence rooted in Ethereum’s role as a programmable smart contract platform versus Bitcoin’s status as digital gold.
Ethereum’s evolution, from proof-of-work to proof-of-stake, has enabled it to transition from being a long-term monetary store to forming the backbone of a programmable financial system. This shift helps Ethereum serve as the foundation for decentralized applications (dApps) that operate continuously, autonomously, and without intermediaries.
Despite Bitcoin’s unmatched security and minimalist, conservative design, which makes its valuation sensitive to macroeconomic factors, Ethereum offers far greater flexibility and application potential. Yet, this broad utility comes with unique vulnerabilities.
Within DeFi ecosystems, Ethereum exhibits even greater dominance than Bitcoin does across all cryptocurrencies. It holds approximately 61.3% of DeFi’s total value locked (TVL), amounting to $96.6 billion in assets, a figure approaching its November 2021 peak of $108 billion. By contrast, the next-largest platform, Solana, holds just $11.2 billion in TVL.
Ethereum’s scalability is buoyed by its extensive layer-2 network infrastructure, which includes solutions like Coinbase’s Base, Arbitrum, Polygon, Optimism, and others. These help mitigate congestion and high transaction fees, though they introduce complexity for users who must navigate bridging and network switching.
Ethereum’s flexible supply model also distinguishes it. With approximately 120.7 million ETH in circulation and about 35.7 million staked, the network dynamically adjusts issuance to support security. Simultaneously, a built-in token-burning mechanism offsets inflation, resulting in an annual inflation rate of just ~0.74%, comparable to Bitcoin’s and well below the U.S. Federal Reserve target of 2%.
However, Ethereum faces security and usability challenges. In the first half of 2025, the blockchain suffered losses of $1.6 billion due to hacks and vulnerabilities, while user errors caused $3.43 billion in losses — data that bolsters confidence in simpler alternatives like Bitcoin or peer-reviewed chains like Cardano.
Finally, Ethereum’s valuation metrics suggest continued upside. The Market-Value-to-Realized-Value (MVRV) ratio reached 2.0 in early August, signaling further bullish momentum before potential market highs — often capped when MVRV surpasses 3.0.
Source: Tokenist
Cardano breaks $1 as golden cross sparks rally, is $3 next?
Cardano (ADA) has surged past the $1 mark for the first time in five months, delivering a breakout that has sparked renewed bullish energy among investors. Over the past 24 hours, ADA gained over 20%, climbing from approximately $0.8454 to $1.01.
This rally was driven in part by a Golden Cross, a bullish indicator where the 50-day moving average crosses above the 200-day moving average. This signal has historically precipitated explosive rallies; for instance, a similar setup in late 2024 triggered a 236% gain, lifting ADA from $0.39 to $0.93 in just 27 days.
Technical analysis now highlights key levels to watch. Immediate resistance lies in the $1.17–$1.18 zone. If ADA decisively closes above it, the path could open toward $1.24–$1.43, eventually targeting psychological levels at $1.50, $2.00, and perhaps even $3.00.
Momentum indicators further reinforce the bullish view: the Relative Strength Index (RSI) has crossed above 50, and the MACD chart shows a bullish crossover, both signs that have previously preceded rallies exceeding 170%, potentially propelling ADA toward $2.06 in the near term.
Support remains solid at around $0.84, where buyers have traditionally stepped in.
Market sentiment is turning optimistic. Analyst Deezy forecasts a move to $3 in less than a month, provided momentum mirrors past Golden Cross rallies. Another commentator, Crypto Tigers, suggests even higher targets if breakout volume continues to be robust.
That said, short‑term volatility may arise, particularly around major resistance zones, as the market could enter overbought territory and trigger pullbacks. Still, if ADA maintains its breakout structure and broader crypto markets remain supportive, the $3 level, once seen as distant, may be much nearer than expected.
In summary, Cardano’s reclaiming of the $1 threshold marks a significant psychological victory. With technical momentum building and bullish sentiment growing, ADA is poised for what could be its most explosive run yet — potentially pushing toward $2 and beyond, if key levels hold and momentum continues.
Source: Newsbtc