Binance Altcoin Dominance Hits 78%, Analysts Anticipate a Thrilling Q1 2025

Binance Altcoin Dominance Hits 78%, Analysts Anticipate a Thrilling Q1 2025
ôîòî ïîêàçàíî ñ : bravenewcoin.com

2025-1-14 15:30

According to CryptoQuant contributor Burakkesmeci, this marks a sharp 11% rise in trading volume dominance over the past five months.

Binance trading volume is increasing. Source: CryptoQuant

Burakkesmeci emphasized rising interest in altcoins, citing consistent growth in trading volumes on Binance as a sign of confidence in a potential altcoin bull market, or alt season in 2025. Market enthusiasm has steadily increased since May 2024, when Binance’s altcoin dominance was notably lower at 50.80%.

“The consistent growth in altcoin trading volume on Binance reinforces confidence in the potential for an altcoin bull market in 2025,” said Burakkesmeci.

The increased activity points toward a potential altcoin season, but some metrics offer a more measured perspective. CoinMarketCap’s Altcoin Season Index stood at 45 out of 100 as of January 12, suggesting a market still leaning toward Bitcoin dominance.

Bitcoin dominance remains high. Source: CoinMarketCap

140-Day Golden Window for Altcoins

Bitcoin Dominance, a critical market indicator, reflects Bitcoin’s 57.95% share of the total cryptocurrency market capitalization—a 2.79% uptick over the last 30 days. Analysts often watch for this dominance to decline as a signal for an impending altcoin season.

Source: TradingView

Crypto Bullet, a notable market expert, revealed that altcoins have entered a “140-day Golden Window.” This period historically spans 20 weeks, during which non-Bitcoin cryptocurrencies gain significant momentum. This cycle began after Bitcoin dominance peaked in November 2024, when Bitcoin reached an all-time high of over $104,000.

Source: Crypto Bullet

Following this peak, Bitcoin dominance faced rejection at the 0.618 Fibonacci retracement level, suggesting a possible trend reversal. Crypto Bullet noted, “Historically, Bitcoin dominance takes about 20 weeks to reach a bottom after topping out.” As of January 2025, the market is five weeks into this cycle, with 15 weeks remaining for a potential altcoin boom.

Apart from Bitcoin dominance, the Crypto market has seen an impressive rally over the past 90 days, with VIRTUAL leading the pack with a staggering 4079.96% rise. Following closely are PENGU and HYPE, both up over 576%. Key players like XRP, DOGE, and ADA also showed solid double-digit gains. Price predictions for XRP and Dogecoin are especially bullish in 2025.

Score: CoinMarketCap

Meanwhile, Bitcoin recorded a modest 44.95% growth, trailing behind several altcoins. Projects like SUI, ENA, and XDC showcased triple-digit surges, signaling growing investor confidence. As the market pulses with excitement, traders are eyeing potential new trends, hoping for another wave of bullish momentum.

Ether’s Gain Signals Altcoin Surge Ahead

Ethereum’s performance remains a central focus as optimism around alternative cryptocurrencies grows. Ether is trading at $3,287 on January 12, reflecting a 0.65% gain in the last 24 hours, according to Brave New Coin’s Ethereum Liquid Index. Pseudonymous trader Mister Crypto forecasts a significant price increase, suggesting it could jump from $4,000 to $8,000 in the coming weeks.

Source: Brave New Coin Ethereum Liquid Index

A sharp rise in Ether often indicates heightened activity in the broader altcoin market, as Ethereum acts as a key indicator for alternative digital assets. Market trends suggest an increase in Ethereum’s value may trigger the long-anticipated surge in altcoin interest.

Bitwise Invest CEO Hunter Horsley expressed strong enthusiasm for the crypto market’s potential this year, highlighting expectations for substantial progress. Analyst Crypto Bullet said this shift could lead to a transformative first quarter, redirecting investor focus from Bitcoin to altcoins. Savvy investors working out what crypto to buy right now should take their positions while they can. There is now just one week until Trump takes office, and the market will react strongly.

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