- The rising BTC.D and Flat Altcoin Market Cap -Trends showed that Bitcoin is now leading the crypto market.
- The falling tether reserves were underway in 2025 and helped to explain the overall lack of altcoin growth.
The Bitcoin [BTC] Trend has mainly been Bullish since April 20, when the level of $ 86.3k was reversed from resistance to support.
Bitcoin raced higher by 30% in 30 days from that level To set a new of all time at $ 111,880.
Of course the recent step was not without a break. It saw a setback of 5.4% last week and lost 1.2% in the last 24 hours.
In the meantime, the Altcoin market has now stagnated for almost three weeks. This proposed capital flow was mainly aimed at Bitcoin.
Although Bitcoin’s long -term performance was encouraging, Altcoins could not surpass the king of Crypto. This situation cannot change in the coming weeks.
Bitcoin dictates market trends, and purchasing power was drying up
Source: BTC.D on TradingView
The Bitcoin Dominance (BTC.D) graph follows the share of BTC in the total crypto market capitalization. A rising trend indicates that the capitalization of Bitcoin grew faster than the Altcoin market.
This update has been the case since 2023.
A short dip in November 2024 could not break the structure. Even the recent sharp decline has not made the wider trend invalid.
Source: Total2 on TradingView
Altcoin investors are not allowed to get their hope for recovery yet. The best they can do is hold, especially if they are under water.
Because the Altcoin market capitalization was missing a strong trend in May, which instead received the $ 1.2 trillion.
Combined with the rising BTC -Dominance, it indicated that Altcoins did not see an excellent inflow of capital.
Stablecoin data unveiling deeper trends
In 2024 the chain shot higher for all stock markets.
The metric reached its current peak in February, at $ 43,696 billion. Rishering Stablecoin reserves on exchanges indicated an increased purchasing power in the market.
This pattern usually accompanies explosive bitcoin and altcoin rallies. If the leading Stablecoin by size, Tether gave the sentiment of market participants well.
Despite the peak in February, the falling Tether reserves in 2025 indicated that purchasing power decreasing. This helped to explain the delay in the growth of the Altcoin market capitalization.
The Bitcoin rally can be explained by institutional interest, such as via ETFs.