Altcoin season index

In the world of cryptocurrency, there’s more to watch than just the price of Bitcoin. One of the most important metrics for traders and investors is Bitcoin Dominance — a key indicator of how much influence Bitcoin has over the entire crypto market. If you’ve ever wondered what Bitcoin Dominance really means or how it can help you make smarter trading decisions, you’re in the right place. This guide will break down what Bitcoin Dominance is, how it works, why it matters, and how you can use it to anticipate market movements — especially when altcoin season is coming. Let’s dive in. What Is Bitcoin Dominance? Bitcoin Dominance refers to the percentage of the total cryptocurrency market capitalization that belongs to Bitcoin. Simply put, it shows how much of the entire crypto market is made up of Bitcoin's value compared to all other cryptocurrencies combined. For example, if the total crypto market is worth $2 trillion and Bitcoin’s market cap is $1.2 trillion, Bitcoin Dominance would be 60%. Bitcoin Dominance is constantly changing. It moves with Bitcoin’s price, altcoin performance, and overall market sentiment. It’s a dynamic indicator updated in real-time on sites like CoinMarketCap and CoinGecko, and is often a go-to metric for anyone tracking the pulse of the crypto market. Bitcoin Dominance Chart Source: CoinMarketCap Why Bitcoin Dominance Matters to Traders Bitcoin Dominance is more than just a number — it’s a market sentiment compass: 1. Market Confidence When Bitcoin Dominance is rising, it typically means investors are moving money into Bitcoin. This often happens during times of uncertainty or corrections, when Bitcoin is seen as a “safer” crypto asset. 2. Risk Appetite When Bitcoin Dominance falls, it signals that investors are spreading capital into altcoins, showing increased confidence in the broader market and a higher risk appetite. 3. Trend Prediction Traders use changes in dominance alongside Bitcoin’s price to predict trends. For example: If Bitcoin’s price is rising and dominance is rising too, it’s often a Bitcoin-led bull market. If Bitcoin is stable but dominance is dropping, altcoins may be starting to rally. 4. Portfolio Strategy Watching Bitcoin Dominance can help you decide how to balance your portfolio between BTC and altcoins depending on the trend. How to Use Bitcoin Dominance in Trading 1. Identify Market Phases Use Bitcoin Dominance to understand where we are in the market cycle: Rising Dominance + Rising BTC Price → Bitcoin-led bull run. Prioritize BTC in your portfolio. Falling Dominance + Stable/Rising BTC Price → Early signs of altcoin season. Begin rotating into high-quality altcoins. Rising Dominance + Falling BTC Price → Bearish sentiment. Investors are exiting altcoins and moving back to Bitcoin as a safe haven. Falling Dominance + Falling BTC Price → General risk-off sentiment. Possibly a good time to stay in stablecoins or reduce exposure. 2. Time Altcoin Entries and Exits When Bitcoin Dominance starts dropping, especially after a long period of BTC strength, it often marks the early stage of altcoin rallies. This can be your signal to begin exploring promising altcoin positions. Conversely, if dominance starts rising sharply while altcoins are pumping, it may suggest that capital is flowing back into Bitcoin, and altcoins could face corrections. 3. Adjust Portfolio Allocation Many crypto investors use dominance as a portfolio rebalancing signal: When dominance is very high, you might consider shifting some gains from Bitcoin into undervalued altcoins. When dominance is very low, it could be time to reduce risk and move back into Bitcoin or stablecoins in anticipation of a correction. 4. Pair with Technical Analysis For more precision, combine Bitcoin Dominance with: BTC price trends Altcoin chart patterns (e.g., ETH/BTC ratio) Market volume and sentiment indicators This multi-layered view gives you a much clearer picture of where the money is flowing — and where it might go next. Bitcoin Dominance Over Time Bitcoin Dominance has seen dramatic shifts over the years: In the early years (2013–2016), Bitcoin Dominance was over 90%, as it was the dominant cryptocurrency. In 2017, a surge in altcoins (like Ethereum and Ripple) brought dominance down to around 37%, marking the first big “altcoin season.” In 2021, the rise of DeFi and NFTs once again reduced Bitcoin’s dominance to below 40%. As of mid-2025, Bitcoin Dominance today sits around 63%, showing that Bitcoin has regained a major share of the market amid recent price surges and ETF approvals. This historical pattern shows how Bitcoin Dominance ebbs and flows depending on market cycles and innovation trends in altcoins. What Does High/Low Bitcoin Dominance Mean? High Bitcoin Dominance (above 60–65%): Suggests capital is flowing primarily into Bitcoin. Indicates lower market risk appetite. Usually happens during corrections or Bitcoin-led bull runs. Low Bitcoin Dominance (below 50%): Indicates investors are moving capital into altcoins. Signals rising confidence in new projects and alternative crypto ecosystems. Often occurs during altcoin seasons, when tokens like Ethereum, Solana, or meme coins outperform Bitcoin. In short: High dominance = Bitcoin is king, altcoins are lagging. Low dominance = Altcoins are hot, and the market is more speculative. Is Bitcoin Dominance a Good Indicator for Altseason? Yes — while it’s not a perfect predictor, Bitcoin Dominance is one of the most popular early indicators of altseason. Here’s how traders use it: Falling dominance + stable/rising Bitcoin price = Altseason may be starting. Sharp drops in dominance = Capital rotating from Bitcoin into altcoins. Sudden bounce in dominance = Altcoins may cool off; Bitcoin regains strength. Historically, major altcoin rallies have always followed sharp declines in Bitcoin Dominance. Watching this trend — especially alongside volume, sentiment, and Bitcoin’s price action — can help you identify early signs of where the money is moving. Final Thoughts Bitcoin Dominance might sound like a technical term, but it’s one of the simplest ways to understand the bigger picture of the crypto market. For beginners, keeping an eye on this metric can be incredibly helpful — whether you're trying to time your altcoin buys, reduce risk, or get a sense of the market’s overall mood. So next time you’re checking the price of Bitcoin, don’t forget to also check Bitcoin Dominance today. That single number could help you make better crypto decisions. Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

The cryptocurrency industry is facing a pivotal turning point as China introduced its most sweeping ban yet on digital assets, making it illegal not only to trade but even to own cryptocurrencies. The “China crypto ban” intensified market jitters, sending bitcoin price and altcoins tumbling, undermining investor sentiment. In stark contrast, South Korea—following a pro-crypto election—signals a divergent path, offering both sanctuary for innovation and new opportunities for investors and companies. China Crypto Ban: What Has Changed in 2025? The 2025 China crypto ban represents the nation’s harshest stance to date. Unlike previous clampdowns, this regulation outlaws both cryptocurrency trading and ownership for all Chinese citizens and businesses. The new law is sweeping in scope, shutting down direct and indirect routes to crypto assets—even targeting those who trade on offshore platforms. Enforcement efforts have ramped up, eliminating common workarounds and sending a chilling message throughout the Chinese crypto community. This uncompromising China crypto ban leaves no room for ambiguity: all involvement with Bitcoin, Ethereum, and altcoins is illegal, fuelling capital flight and forcing innovation out of China. The Government’s Rationale: Currency Controls, Digital RMB, and RMB Strategy The driving force behind the China crypto ban is rooted in the country’s desire to maintain authority over capital flows and monetary policy. The Chinese government has long exercised strict foreign exchange controls, wary that legalizing or tolerating cryptocurrencies would unlock a massive loophole for capital flight. There is a vast mismatch between China’s RMB in international reserves versus RMB in broad money supply (M2) within its borders. Legal crypto trading could allow domestic capital to escape government oversight, undermining the state’s hold on the economy and threatening the renminbi’s value. Crucially, the China crypto ban also aligns with Beijing’s commitment to the digital RMB (digital yuan) initiative. By tightly controlling the monetary system and launching a sovereign digital currency, Beijing seeks to capture the benefits of blockchain while centralizing oversight. The rise of decentralized cryptocurrencies conflicts with the goal of making the digital RMB the leading digital payment platform in China and, eventually, a player on the world stage. Beyond capital controls and the digital yuan agenda, regulators also cite ongoing concerns about financial scams, fraudulent fundraising, money laundering, and the energy usage of crypto mining. Until China successfully internationalizes the RMB—and asserts the digital RMB as a global standard—its crypto ban is likely to remain absolute. China’s History of Crypto Bans: A Pattern of Escalation The road to the 2025 China crypto ban has been long and fraught. Chinese authorities first restricted banks from handling Bitcoin transactions in December 2013. Bitcoin price subsequently tumbled, falling roughly 50% in mere weeks. The crackdown continued in 2017, when Beijing banned Initial Coin Offerings (ICOs) and local exchanges, driving bitcoin price from $5,000 to under $3,000. A dramatic escalation came in 2021, when China targeted miners—then responsible for over 60% of global Bitcoin hashing power—and cut off payment platforms from any crypto dealings. This action led to a swift drop in bitcoin price from $56,000 to around $30,000. Finally, in late 2021, Beijing declared all cryptocurrency transactions illegal, impacting both bitcoin price and altcoin markets worldwide. Price of Bitcoin after China ban crypto mining Each phase of the China crypto ban has produced sharp volatility in bitcoin price. However, the crypto market’s resilience—fueled by global capital and decentralized innovation—has consistently turned short-term setbacks into rebounds as miners, investors, and developers migrated to friendlier shores. Market Impact: How the China Crypto Ban Shaped Bitcoin Price The 2025 China crypto ban sent shockwaves through the crypto sector. News of the ban triggered panic selling, with the bitcoin price sliding below $106,000. Altcoins mirrored this downtrend, while trading volumes surged on global exchanges as investors scrambled to exit volatile positions. The immediate aftermath saw capital flight, with many companies and miners accelerating their move abroad. While the initial price plunge echoed earlier clampdowns, longer-term market reactions are increasingly shaped by the industry’s global resilience. Past China crypto bans led to periods of short-term pain followed by recoveries as the center of gravity shifted to crypto-friendly countries. This time, with ownership itself banned, the exiled capital and innovation are expected to strengthen rival Asian hubs, carrying long-term implications for both bitcoin price trends and the worldwide crypto ecosystem. Asia’s Diverging Crypto Paths: The Impact of the South Korea Election While the China crypto ban in 2025 has imposed some of the region’s most severe restrictions on digital asset activity, South Korea is moving in the opposite direction under its newly elected president, Lee Jae-myung. Elected on a platform that embraces the potential of blockchain and digital assets, President Lee’s administration is expected to foster a considerably more favorable environment for the cryptocurrency industry. Early signals from the new government include proposals to streamline crypto regulations, enhance investor protections, and encourage both domestic and international blockchain projects to build and expand in South Korea. Initiatives to support legitimate ICOs, develop innovation hubs, and clarify tax and compliance requirements are under consideration. This forward-looking approach is designed to attract investment and entrepreneurial talent that might otherwise leave Asia due to the ongoing and increasing effects of the China crypto ban. Although South Korea’s market is smaller than China’s, the election of a pro-cryptocurrency president has prompted optimism among both investors and innovators across the region. The New Crypto Map of Asia After the China Crypto Ban The stark contrast between the China crypto ban and the outcomes of the South Korea election is realigning Asia’s cryptocurrency landscape. As China doubles down on its restrictive approach, more innovation, investment, and talent are flowing to countries like South Korea, Singapore, and Japan. This shift not only impacts bitcoin price trends but also drives a fragmentation of the Asian crypto market, forcing investors and companies to adapt quickly to new regulatory realities. FAQ Q: What does the 2025 China crypto ban include?A: The 2025 China crypto ban prohibits not only the trading and mining of cryptocurrencies but also makes it illegal to own digital assets like Bitcoin or Ethereum for both individuals and businesses in China. Q: Why did China introduce such a strict crypto ban?A: The China crypto ban is driven by concerns about capital outflows, maintaining currency controls, supporting the internationalization of the RMB, combating financial crime, reducing energy consumption, and ensuring the success of the digital RMB. Q: How has the China crypto ban impacted bitcoin price?A: Every major China crypto ban has caused significant drops in bitcoin price, with the latest 2025 move pushing bitcoin price below $106,000 and causing volatility across global crypto markets. Q: What is the role of the digital RMB in China’s crypto ban policy?A: The digital RMB, or digital yuan, is central to China’s strategy. The China crypto ban allows the government to maintain complete control over digital payments, supporting RMB internationalization and sidestepping the risks posed by decentralized cryptocurrencies. Q: How does the South Korea election affect crypto in Asia?A: The South Korea election ushered in a pro-crypto government, promising friendlier regulations, legal ICOs, and an innovative digital asset environment—contrasting sharply with the consequences of the China crypto ban for the regional market. Q: Where is the crypto industry likely to migrate after the China crypto ban?A: With the China crypto ban in full effect, South Korea, Singapore, and Japan are emerging as leading destinations for crypto entrepreneurs, miners, and capital seeking regulatory certainty and innovation-friendly policies.

Pi Coin’s price has been on a rollercoaster in recent weeks. After peaking near $3.00 in February 2025, Pi plunged through spring as momentum faded. A speculative frenzy in early May — sparked by rumors of major updates — briefly sent Pi from about $0.60 to ~$1.70 within days. However, those gains quickly evaporated; by late May Pi was back around $0.65–0.70. As of early June, Pi trades near ~$0.68, roughly 75% below its February highs. In short, Pi has lost much of the spring rally and now oscillates under key resistance, with short-term traders asking whether the bearish trend will resume or a turnaround is coming. Trade Pi Network (PI) on Bitget now! Pi Network in Action: Building Utility Through Gaming and Startups On the positive side, Pi Network is actively building its ecosystem to create real-world demand. Officially, Pi’s Open Mainnet launched in February 2025, enabling external connectivity for Pi-based apps. The Pi Foundation has since introduced new features and programs. Notably, on May 14 Pi announced the launch of Pi Network Ventures, a $100 million fund (in Pi and USD) to invest in startups that advance Pi’s real-world adoption. Gaming is a particular focus. The Pi team explicitly calls out gaming as a major growth driver: Pi Ventures “considers gaming an important vertical to invest in to boost Pi utility”. In late May/early June, Pi introduced FruityPi, a simple fruit-merging game built into the Pi Browser. FruityPi integrates Pi Coin, the Pi Wallet, and even Pi’s ad network: players use Pi for in-game actions and can earn tokens through gameplay and ads. The official Pi blog describes FruityPi as a “live demonstration of Pi’s gaming utility in action”. In their words, “FruityPi isn’t just a game — it’s a live demonstration for Pioneers, developers, and business owners… of how gaming… can drive both app-level engagement and broader ecosystem utility”. The goal is to showcase how Pi can be used in a fun, user-facing app, and to encourage more developers to build on the Pi platform. Other ecosystem moves include expanding the Pi Ad Network (making it open to all Pi apps) and even a .pi domain auction on Pi Day 2025. A “wallet activation” feature was also released, allowing KYC-verified users to interact with Pi’s Mainnet apps even before completing the full migration. All these steps are intended to kickstart real usage. If successful, they will give Pi more practical value beyond speculation. However, major changes take time: even with new apps, user traction and developer momentum must build before significantly lifting the coin’s price. Voices of Pi: What the Community Is Talking About Community sentiment is cautiously watchful. The recent hype (back in early May) showed how quickly Pi can react to news, but that optimism has cooled off. Many pioneers are frustrated by delays: social media channels have been flooded with posts “demanding updates on mainnet development, real-world utility, and exchange integrations”. Trust has been shaken by concerns over transparency and centralization. An analyst known as Dr. Altcoin has grown critical, warning that without improvements Pi could plunge further. He tweeted that if ~$0.6052 support fails, Pi could drop 40% (to ~$0.40) by August. In his words, “no one wants to put money into something where the founders won’t be transparent”. These worries extend to exchange listings. The Pi Foundation still controls a massive supply (over 90 billion tokens) which has made many exchanges hesitant. This illiquidity constraints price discovery and frustrates traders. In the short term, sentiment appears skewed negative: analysts note that “fear and doubt” could drive Pi down into the ~$0.58 - $0.65 range if bearish pressures persist. Pi Coin Price Prediction for June 2025 Putting it all together, most analysts see June 2025 as a make-or-break period for Pi. The overwhelming view is cautious-bearish in the short term, tempered by a few potential upside paths: Bear case: If Pi fails to hold $0.63–0.66 support, expect further declines. A break below ~$0.62 could open a slide toward ~$0.60 or even lower. Some forecasters (like Dr. Altcoin) warn of a drop to ~$0.40 by late summer if conditions worsen. Crypto traders will watch that $0.60 level closely — a violation there would be bearish. Bull case: On the other hand, a decisive breakout above roughly $0.74–0.75 could spark a quick rally. Chart analysis suggests upside targets near $0.85–0.99 if Pi can reclaim the $0.74–0.76 zone. Analysts note that, with renewed buying pressure, Pi “could rebound toward the $1.00–1.20” range. In fact, they say a strong momentum case might even push Pi toward ~$1.82 by late June (though such a surge would require sustained bullish catalysts). Any major positive trigger — for example, a big app launch or a sudden exchange listing rumor — could help Pi test those highs. Sideways/No-man’s land: Failing a big move either way, Pi may simply chug along between roughly $0.70 and $0.80 into June. Analysts noted it “could stay stuck between $0.70 and $0.76” absent a catalyst. In this scenario, Pi would drift modestly with the broader market: it remains somewhat correlated with Bitcoin and altcoin moves (it spiked ~10% when Bitcoin briefly crossed $110K). So summer market conditions will also influence Pi’s path. The short-term price hinges on technical breaks and any fresh news. Analysts agree that transparency and tangible development progress will be key to reversing Pi’s downtrend. Without that, many expect Pi to test lower supports first. Can Pi Coin Reach $1 in June 2025? This is the key question for traders and holders alike. After briefly spiking to nearly $1.70 in May during a speculative rally, Pi has fallen back below the $0.70 level. Most analysts believe a sustained breakout to $1 would require a combination of technical momentum and strong fundamental catalysts. Specifically, Pi would need to: Break above the resistance zone of $0.74–0.75 Maintain bullish momentum with strong volume Benefit from a major ecosystem trigger such as a large-scale app launch or exchange listing While a move toward $1 is not impossible, current sentiment and technical structure suggest it is unlikely without a major catalyst. If Pi can hold support above $0.66 and reclaim $0.74, the path toward $0.85–0.99 becomes more plausible—and a short-term push toward $1 could follow. However, in the absence of such developments, the more probable scenario for June is continued consolidation or downward testing of the $0.60–0.65 range. Conclusion With June 2025 underway, all eyes are on Pi Coin—but not just for price action. While it hovers near $0.68 and faces resistance ahead, the real intrigue lies in what comes next. Can new ecosystem apps like FruityPi spark fresh user engagement? Will Pi Network Ventures ignite developer interest and real-world utility? Or will the market remain in wait-and-see mode as traders look for stronger signals? The possibility of Pi reaching $1 this month isn’t entirely off the table, but it hinges on more than just charts—it depends on momentum, trust, and tangible progress. For now, Pi Coin is caught in a delicate balance between potential and proof. Whether it breaks out or drifts sideways, one thing is clear: June could quietly set the tone for Pi’s next big move. Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.