Bitcoin is making waves again, with a dramatic increase following the U.S. election. But what about altcoins? These alternative cryptocurrencies, often pushed to the sidelines, are regaining attention. As BTC loses its dominant position, historical signals seem to indicate a potential "altcoin season". Let's decode this potential shift together, one that energizes traders and disrupts the cryptocurrency market.

Bitcoin's dominance is plummeting: An unprecedented altseason?

The latest Bitcoin news, the unstoppable star of blockchain, has shone again, recording a 9% increase in a week. However, this figure pales in comparison to the impressive 17% green candle observed five days after the election. At that time, the victory of the pro-crypto faction, combined with favorable regulations and institutional support, brought a new wave of optimism.

Bitcoin's dominance peak, reaching 62% on November 21, reminded us of the glory days of March 2021. But this dominance is fading: within 48 hours, its market share has dropped to 59%.

This retracement opens the door for altcoins, which benefit from the rise of this giant.

Elon Musk, Larry Fink, and even Donald Trump have all become significant influential allies, lending legitimacy to the ecosystem. Traders are now monitoring a distinct shift: the rise of altcoins, also known as "altcoin season."

Key numbers:

  • Bitcoin: +9% in a week;

  • Maximum dominance: 62%, down to 59%;

  • Top altcoins: Stellar (XLM), Ripple (XRP), VeChain (VET), Polkadot (DOT).

TradingView's DOTUSD chart

Altseason: a turning point for alternative cryptocurrencies

While Bitcoin is taking its time, altcoins are emerging. Stellar, Ripple, and similar coins are breaking records, fueling speculation about an impending "altseason". According to renowned analyst MegaWhale Crypto: "Altseason could potentially start today."



This critical moment, widely known to traders, often occurs after a significant decline in BTC dominance.

Altcoins are not just copies: they offer innovative solutions for Web3. Secured by advanced encryption techniques, they assert their position in various fields, from decentralized storage to decentralized finance (DeFi).

Therefore, experts from Hashkely Capital estimate that the $80,000 threshold for Bitcoin could be the trigger for this anticipated altcoin season. However, the delays observed after the U.S. election complicate the issue.

If BTC reaches this important threshold, it remains to be seen whether altcoins can capitalize and gain attention.