News View Non-AMP

Bitcoin Dominance Drops Again, Is Altcoin Season Coming in August?

Published by
Rizwan Ansari

Bitcoin dominance has dropped almost 7% in the past month, breaking a key 3-year trendline. Meanwhile, popular crypto trader Crypto Rover shared a chart showing a striking similarity between Bitcoin dominance in 2021 and 2025

Back then, it led to one of the biggest altcoin rallies, and now, Rover believes history might be repeating.

2021 Chart Pattern Repeating Again

Recently, Crypto Rover shared, Bitcoin dominance chart, which formed a similar shape in both 2021 and 2025, a falling wedge. In 2021, this led to a sharp fall in dominance, triggering a major altcoin season where many smaller coins skyrocketed.

Now, in 2025, we’re seeing the same setup again. Bitcoin dominance recently peaked around 72%, and is now falling fast, currently sitting near 61%. Therefore, Rover suggests this could be just the beginning of another big drop, possibly to 52% or even lower.

If dominance keeps falling, more funds may flow into altcoins, just like what happened during the 2021 altseason.

Altcoins Already Outperforming Bitcoin

This trend isn’t just about charts, it shows a shift in trader interest. The crypto market is showing clear signs of a shift toward altcoins as Ethereum, SOL, XRP, and other altcoins have started to outperform Bitcoin. 

According to Glassnode data shows that Ethereum’s perpetual futures trading volume has just passed Bitcoin’s, for the first time since the 2022 market low. This marks the biggest-ever shift in favor of Ethereum, suggesting that traders are now turning their attention more toward altcoins.

Altcoin Season Index Hit 37

According to Blockchain Center, Altcoin Season Index has dropped to 37, down from 55 on July 21, which means we’re not officially in altcoin season yet..

Despite it, the current trend suggests something could be building. If the pattern continues, altcoins might soon take the spotlight, even if Bitcoin stays in charge for now.

Rizwan Ansari

Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption. During this period, he’s authored more than 3,000 news articles for Coinpedia News.

Recent Posts

Dogecoin Price Prediction: Whales Replace DOGE For A Mysterious Token With Real World Utility And 30x Potential

Dogecoin has long been a favorite among retail traders, but some larger players are quietly…

August 21, 2025

Shiba Inu Price Prediction: Can SHIB Reclaim Its Spot As A Top 20 Crypto Or Are Its Glory Days In The Past?

Shiba Inu price dynamics have come under strong criticism lately as it fails to reclaim…

August 21, 2025

Will ZKWASM Price Rally Sustain After 20% Intraday Surge?

The ZKWASM price has recently caught investors’ attention after a sharp 20% rally within the…

August 21, 2025

Pi Network News: Struggling at $0.36, Can Pi Coin Prove Critics Wrong?

Pi Coin is now trading at $0.3615, close to its all-time low of $0.33. Many…

August 21, 2025

Bitcoin Supply Crisis Looms? Only 21M Ever to Exist, Michael Saylor Reminds

Michael Saylor, the outspoken Bitcoin enthusiast and cofounder of MicroStrategy (now Strategy), is back with…

August 21, 2025

Reborn Coffee to Accept Crypto in 2025

Reborn Coffee revealed its plan to introduce cryptocurrency payments at select Southern California locations in…

August 21, 2025