ALTCOINS MARKET: MONTHLY OVERVIEW
The cryptocurrency market is a dynamic and ever-evolving landscape, with Bitcoin often stealing the spotlight.However, the altcoin market, encompassing all cryptocurrencies other than Bitcoin, plays a crucial role in the overall health and diversification of the crypto ecosystem.This monthly overview aims to provide a comprehensive analysis of the altcoin market's performance, key trends, and influential factors that shape its trajectory. Properly understanding the cryptocurrency market can be complex and take time, so that is why we make it simpler by focusing on key metrics like prices, market caps, and volume. For both beginners and seasoned investors, the price action is an essential indicator of the market s overall health and activity.This month, it's crucial to note a shift: the altcoin market experienced a decrease of $11 million, moving from $89.2 million to $77.8 million. Explore top cryptocurrencies with Crypto.com, where you can find real-time price, coins market cap, price charts, historical data and currency converter. Bookmark the Price page to get snapshots of the market and track nearly 3,000 coins. Use the social share button on our pages to engage with other crypto enthusiasts.Simultaneously, Bitcoin's dominance has surged, increasing from 42.7% to 50.97% of the total cryptocurrency market capitalization.Understanding these shifts is crucial for investors and enthusiasts alike. 6.8M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, discussion, and analysis.We'll delve into crucial metrics like price action, market capitalization, trading volumes, and Bitcoin dominance to paint a clear picture of the current state of the altcoin market. Compare key price changes across promising tokens, evaluate liquidity, and refine your portfolio with informed altcoin insights and precise market timing. Monitor gold to hedge against crypto volatility or diversify holdings.We’ll also explore potential scenarios for navigating altcoin trading, the influence of Bitcoin's performance, and how to effectively use available resources to make informed decisions. If 75% of the Top 50 coins performed better than Bitcoin over the last season (90 days) it is Altcoin Season. Excluded from the Top 50 are Stablecoins (Tether, DAI ) and asset backed tokens (WBTC, stETH, cLINK, )Let's dive in and unravel the complexities of the altcoin market together!
Current State of the Cryptocurrency Market
The global cryptocurrency market is a force to be reckoned with. Crypto market insights, reports, latest news, and media. Rewards. Overview All Coins Performance ATH Gainers Losers IDO/ICO ROI All Categories Ecosystems.As of today, the total market capitalization stands at approximately $3.39 trillion, reflecting a -0.23% change in the last 24 hours.Zooming out, we see a significant 25.86% increase compared to one year ago, showcasing the overall growth and adoption of cryptocurrencies.However, the dominance of Bitcoin (BTC) remains strong, with a market cap of $2.08 trillion, representing a Bitcoin dominance of 61.51%. During Bitcoin season, Bitcoin outperforms all altcoins. Here are a few scenarios that might help you out when trading with altcoins: Scenario 1: Bitcoin dominance decreases, but Bitcoin price increases; When the dominance of Bitcoin decreases while its price goes up, it means that altcoins are performing better than Bitcoin in a positive market.This dominance significantly impacts the performance of altcoins, as we'll explore further.
A broader view of the crypto market reveals a slight dip, with the total market cap at $3.247 trillion, a 1.43% decrease from yesterday. Live cryptocurrency prices and charts of top cryptocurrencies by crypto market cap. Complete cryptocurrency market overview including Bitcoin and altcoins.This fluctuation highlights the inherent volatility of the cryptocurrency market.However, to truly understand the altcoin market, we need to isolate its performance from the influence of Bitcoin and Ethereum.
Altcoin Market Capitalization and Performance
The altcoin market capitalization currently sits at $249.555 billion. Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.This figure provides a clearer picture of the collective value of all cryptocurrencies excluding Bitcoin and Ethereum.Tracking this metric is essential for gauging the overall health and potential of the altcoin market.Throughout the year, we've observed fluctuations in the altcoin market cap, influenced by various factors such as Bitcoin's performance, regulatory news, and technological advancements within specific altcoin projects.
For example, in August of the previous year, the altcoin market managed to set a historic record, reaching $94.205 billion. Top 9 Altcoins Analyzed In August, the altcoin market managed to set a historic record, after a slowdown and the price drop at the end of the previous month. The mark of the total altcoin market capitalization reached the $94,205,900,000 point. In July, despite the uncertainty about the Bitcoin future, in a matter of days MoreThis surge followed a slowdown and price drop at the end of the preceding month, illustrating the potential for rapid recovery and growth within the altcoin space.
Bitcoin Dominance and Altcoin Season
The relationship between Bitcoin dominance and altcoin season is a crucial concept for understanding market dynamics.Bitcoin dominance refers to the percentage of the total cryptocurrency market cap that is attributed to Bitcoin. CoinDesk Data's monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.Historically, a decrease in Bitcoin dominance has signaled the start of altcoin season, where altcoins outperform Bitcoin in terms of price appreciation.This is because when Bitcoin's price stabilises or consolidates, investors often look to altcoins for potentially higher returns.
Understanding Bitcoin Season Scenarios
Here are a few scenarios that can help you navigate altcoin trading based on Bitcoin's movements:
- Scenario 1: Bitcoin dominance decreases, but Bitcoin price increases. This scenario suggests a positive market environment where altcoins are performing even better than Bitcoin.This can be a good time to consider allocating a portion of your portfolio to promising altcoins.
- Scenario 2: Bitcoin dominance increases, and Bitcoin price increases. This indicates that Bitcoin is leading the market surge, and altcoins may not be keeping pace.In this case, focusing on Bitcoin or high-performing altcoins with strong fundamentals might be a more prudent strategy.
- Scenario 3: Bitcoin dominance decreases, and Bitcoin price decreases. This can be a tricky situation, as it suggests a market-wide downturn.Exercise caution and consider reducing your exposure to altcoins, especially those with weaker fundamentals.
- Scenario 4: Bitcoin dominance increases, and Bitcoin price decreases. This typically indicates that investors are moving their capital from altcoins back into Bitcoin, seeking a safe haven during market uncertainty. Fastest live cryptocurrency price portfolio tracker with historical charts, latest coin markets from crypto exchanges, volume, liquidity, orderbooks and more!In this scenario, it's generally advisable to reduce your altcoin holdings and wait for market conditions to stabilize.
CoinMarketCap offers a valuable tool called the Altcoin Season Index, which provides real-time insights into whether the market is currently in altcoin season. 1. Ethereum (ETH) Market cap: $418.9 billion; Of the $2.5 trillion that represents the total market capitalization of the more than 26,000 crypto assets available today, more than $389 billion isThis index tracks the performance of the top 100 altcoins relative to Bitcoin over the past 90 days, offering detailed charts and metrics for tracking market trends and altcoin dominance.If 75% of the top 50 coins perform better than Bitcoin over the last 90 days, it is considered Altcoin Season.Stablecoins and asset-backed tokens are excluded from the Top 50 to provide a more accurate representation.
Key Altcoins to Watch
With thousands of altcoins available, identifying promising projects can be a daunting task. Altcoins is a collective term to any cryptocurrency other than Bitcoin. They typically have higher upside potential, but carry considerably more risk. After extensive research and analysing 100 promising altcoins, we have determined that the best altcoins to buy now are Ethereum, BNB, Chainlink, Solana, and Avalanche.Several altcoins stand out due to their strong fundamentals, innovative technologies, and growing communities.Some examples of altcoins to watch include:
- Ethereum (ETH): As the second-largest cryptocurrency by market cap, Ethereum remains a cornerstone of the altcoin market.Its smart contract capabilities and vibrant developer ecosystem make it a leading platform for decentralized applications (dApps) and decentralized finance (DeFi).
- BNB: The native token of Binance, BNB offers various utilities within the Binance ecosystem, including trading fee discounts and participation in token sales. This month it felt by $11 mln, from $89.2 mln to $77.8 mln, while the the total market capitalization of the leading cryptocurrency increased from 42.7 percent to 50.97 percent.Its strong ties to the world's largest cryptocurrency exchange contribute to its stability and growth potential.
- Solana (SOL): Known for its high transaction speeds and low fees, Solana has emerged as a strong competitor to Ethereum in the DeFi space.Its innovative technology and growing adoption make it a promising altcoin to watch.
- Avalanche (AVAX): Avalanche boasts a unique consensus mechanism that enables fast transaction finality and scalability.Its ability to support multiple blockchains and customized applications makes it a versatile platform for various use cases.
- Chainlink (LINK): As a decentralized oracle network, Chainlink plays a crucial role in connecting smart contracts with real-world data.Its importance in the DeFi ecosystem and growing partnerships with major companies make it a valuable altcoin to consider.
Factors Influencing Altcoin Prices
Several factors can influence the prices of altcoins, including:
- Bitcoin's Performance: As mentioned earlier, Bitcoin's price movements often have a significant impact on the entire cryptocurrency market, including altcoins.
- Market Sentiment: Overall market sentiment, driven by news, events, and social media trends, can influence investor behavior and impact altcoin prices.
- Technological Advancements: Developments within specific altcoin projects, such as upgrades, partnerships, and new features, can positively impact their prices.
- Regulatory News: Regulatory announcements and policy changes can create uncertainty and volatility in the cryptocurrency market, affecting altcoin prices.
- Adoption and Use Cases: The increasing adoption of altcoins for various use cases, such as DeFi, NFTs, and payments, can drive demand and positively impact their prices.
Analyzing Market Data and Tools
Staying informed about the altcoin market requires access to reliable data and analytical tools.Several platforms provide comprehensive information, including:
- CoinMarketCap: Offers real-time price data, market capitalization rankings, historical charts, and other essential information for thousands of cryptocurrencies.
- CoinGecko: Similar to CoinMarketCap, CoinGecko provides comprehensive data and analytics for cryptocurrencies, including developer activity and community engagement metrics.
- Crypto.com: Provides real-time price, coins market cap, price charts, historical data and currency converter.It allows you to track nearly 3,000 coins.
- TradingView: A popular charting platform that allows users to analyze price movements, identify patterns, and develop trading strategies.
- Glassnode: Offers advanced on-chain analytics and insights into cryptocurrency market trends.
Hedging Against Crypto Volatility
The cryptocurrency market is known for its volatility, and it's essential to have strategies in place to mitigate risk.One approach is to diversify your portfolio across different asset classes, including gold, which is often considered a safe-haven asset. FDMC Monthly Change among Top Crypto Sectors. Source: Artemis. Key Market Statistics. Now let s dive into the main crypto market stats of June. Trading Volumes. Following the correction in BTC and altcoins, trading volumes on centralized exchanges experienced a third consecutive monthly decline in June, dropping by 10.5% from $1.24T to $1.1T.By allocating a portion of your portfolio to gold, you can potentially offset losses during periods of crypto market downturn.
Monthly Crypto Market Overview: May 2025 Example
To illustrate the dynamics of the crypto market, let's consider a hypothetical monthly overview for May 2025. Crypto Market Total Market Cap (Excluding BTC). Source: Coinmarketcap. The sharp reaction of altcoins can be attributed to the high BTC dominance that impacts the performance of all altcoins. Historically, a drop in BTC dominance signals the start of altcoins season, however, as of 2025, we do not see any signs of it so far.Imagine that May began with a surge in optimism, with the total crypto market cap climbing toward $3.6 trillion, driven by bullish price action in Bitcoin and Ethereum.However, this momentum faded by month-end, with the market cap retreating to $3.28 trillion and daily trading volumes decreasing.
In this scenario, it would be crucial to analyze the factors that contributed to the initial surge and subsequent pullback.Were there specific news events, regulatory announcements, or technological developments that influenced market sentiment?How did Bitcoin and Ethereum perform relative to altcoins during this period?Answering these questions can provide valuable insights into the underlying market dynamics and inform future investment decisions.
Understanding Trading Volumes
Trading volumes are an essential indicator of market activity and liquidity. And that's exactly what we did and what you can see on the chart it represents the dominance of other coins on the market, and it's more than you might think. Surely, altcoins have their ups and downs, but the way they relate to the global crypto market reminds us there's plenty of other fish in the ocean.Following corrections in BTC and altcoins, trading volumes on centralized exchanges can experience declines.For instance, in a hypothetical June, trading volumes might have experienced a third consecutive monthly decline, dropping by 10.5% from $1.24T to $1.1T.
Analyzing these volume trends can offer insights into the level of investor confidence and participation in the market. View top cryptocurrency prices live, crypto charts, market cap, and trading volume. Discover today s new and trending coins, top crypto gainers and losers in the market.Declining volumes may suggest a period of consolidation or uncertainty, while increasing volumes may indicate renewed bullishness or bearishness.
Conclusion
The altcoin market presents both opportunities and risks for investors. See the total crypto market cap on one chart today it's 3.247T, which is 1.43% lower than yesterday. The altcoin market cap is 249.555B as of today this chart will help you assess markets without the influence of Bitcoin and Ethereum.By understanding the key metrics, trends, and influential factors discussed in this monthly overview, you can make more informed decisions and navigate the complexities of the crypto landscape effectively.Remember to monitor Bitcoin's performance, analyze market sentiment, and stay updated on technological advancements within specific altcoin projects. Altcoins in 2025: Overview. Altcoins are currently strong but may follow Bitcoin s lead into 2025. Bitcoin s gains and upcoming events are central to crypto market trends. Binance s settlement and the Altcoin Season Index at 55 suggest a softer altcoin season.Utilize available resources like CoinMarketCap and CoinGecko to access real-time data and analytical tools.Ultimately, successful altcoin investing requires a combination of research, patience, and a well-defined risk management strategy.While the altcoin market this month has demonstrated a decrease, and a surge in Bitcoin dominance, there is always opportunity for change and growth in this exciting landscape.Stay vigilant, stay informed, and approach the altcoin market with a balanced perspective.
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