Bitcoin dominance [BTC.D] dropped 5.2% to 60.6%, while altcoin dominance spiked 10% to 39.2%, marking the strongest rotation since early 2021.
Zooming in on leadership dynamics, Ethereum dominance [ETH.D] spiked over 12%, reclaiming levels not seen since the “Trump pump,” with the BTC–ETH ratio widening as capital flowed down the risk curve.
However, while Ethereum led the charge, the rotation spread broadly across the market, with altcoin dominance steadily eating into Bitcoin’s share.
TOTAL3 (the market cap excluding BTC and ETH) saw a $100 billion+ influx post-BTC ATH, signaling aggressive flows into the long tail of altcoins, with traders clearly chasing momentum across outliers
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