ChainCatcher news, according to crypto analyst Rekt Capital, Bitcoin's market cap dominance (BTC Dominance) needs to break 70% to potentially welcome a new altcoin season. Currently, Bitcoin's market cap dominance has risen to 64.3%, then fell back to 61%, but the overall trend is still upward.Analysis indicates that the altcoin season at the end of 2024 has already ended. Bitcoin has started to recover since it fell below 55% last December, and it has now risen by 6%. Historical data shows that 71% is a critical point for Bitcoin's market cap dominance. If BTC.D encounters resistance at this level, the market may welcome a new round of altcoin trends.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that, considering the growth rate, Bitcoin's dominance is unlikely to decline anytime soon. During the 37% increase in BTC market capitalization, large-cap stocks rose by 16%, while mid-cap and small-cap stocks increased by 10%. The only time small and mid-cap cryptocurrencies outperformed BTC market capitalization growth was during the Memecoin season in April.