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#ETH# #sol# #PI# #BTC # The cryptocurrency market is experiencing a remarkable shift in capital flows, as Bitcoin's market dominance has decreased to 61.6%, marking a decline of 2.36%.
Meanwhile, Ethereum and other altcoins are gaining momentum, as according to CoinMarketCap data, Ethereum's dominant position has increased to 10.9% (+1.51%), while "Others" has risen to 27.6% (+0.85%).
The decreasing dominance of BTC signals changing investor sentiment.
The dominance of Bitcoin, which reflects the share of BTC in the total market capitalization of cryptocurrencies, is often used as a barometer for market sentiment. Its decrease usually signals increasing confidence in altcoins or a heightened appetite for risk.
In the last month, BTC's dominant position has decreased from 64% to its current level of 61.6%. Compared to its recent peak of 65.1% on June 27, 2025, this trend indicates that investors are rotating their capital towards Ethereum and emerging projects.
The dominance of Ethereum increased from 9.3% last month to 10.9% today – a significant movement that corresponds to the growing institutional interest and the broader narrative of a potential "altcoin season". Similarly, the "Others" category – which includes mid and small-cap altcoins – rose by 1% over the month, suggesting broader diversification among traders.
Market consequences and prospects
This redistribution of market share may reflect the increased bullish sentiment surrounding the upcoming improvements to Ethereum, the rise of real-world asset tokenization (RWA), and speculation around ETF approvals. The over 60% 7-day price increase of Ethereum, as seen from other data, also reinforces the current altcoin momentum.
If Bitcoin's dominance continues to decrease, it may be a signal for the beginning of a stronger altcoin rally. However, traders should remain cautious, as sudden changes in sentiment can lead to volatility, especially if BTC re-establishes dominance during broader market corrections.