How Bitcoin Lost Its Grip On The Crypto Market And What It Means For Altcoins

Benzinga01:15

What Is Bitcoin Dominance?Bitcoin dominance measures the percentage of the total cryptocurrency market capitalization that Bitcoin accounts for. When Bitcoin dominance is high, it means the majority ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2642549172?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-10 01:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2642549172","market":"nz","top_or_hot":-1,"title":"How Bitcoin Lost Its Grip On The Crypto Market And What It Means For Altcoins","media":"Benzinga","content":"<div>\n<p>What Is Bitcoin Dominance?Bitcoin dominance measures the percentage of the total cryptocurrency market capitalization that Bitcoin accounts for. When Bitcoin dominance is high, it means the majority ...</p>\n\n<a href=\"https://www.benzinga.com/Opinion/26/06/53096934/how-bitcoin-lost-its-grip-on-the-crypto-market-and-what-it-means-for-altcoins\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Bitcoin Lost Its Grip On The Crypto Market And What It Means For Altcoins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Bitcoin Lost Its Grip On The Crypto Market And What It Means For Altcoins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-10 01:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/Opinion/26/06/53096934/how-bitcoin-lost-its-grip-on-the-crypto-market-and-what-it-means-for-altcoins><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Is Bitcoin Dominance?Bitcoin dominance measures the percentage of the total cryptocurrency market capitalization that Bitcoin accounts for. When Bitcoin dominance is high, it means the majority ...</p>\n\n<a href=\"https://www.benzinga.com/Opinion/26/06/53096934/how-bitcoin-lost-its-grip-on-the-crypto-market-and-what-it-means-for-altcoins\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ETH","symbol_name":"低成本以太坊ETF-Grayscale","start_time":0,"source_url":"https://www.benzinga.com/Opinion/26/06/53096934/how-bitcoin-lost-its-grip-on-the-crypto-market-and-what-it-means-for-altcoins","article_id":"2642549172","we_media_id":null,"thumbnails":[],"rights":{"source":"Benzinga","url":"https://www.benzinga.com/Opinion/26/06/53096934/how-bitcoin-lost-its-grip-on-the-crypto-market-and-what-it-means-for-altcoins","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2642549172","pubTimestamp":1781025340,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"Bitcoin (CRYPTO: BTC) has long been the undisputed leader of the cryptocurrency market – but its grip is shifting.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ETH":"低成本以太坊ETF-Grayscale","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","EETH":"以太币期货ETF-ProShares","ETHA":"以太坊ETF-iShares","FETH":"以太币ETF-Fidelity","BETE":"等权重比特币&以太币期货ETF-ProShares","AETH":"以太坊策略ETF-Bitwise","TEKX":"SPDR Galaxy Transformative Tech Accelerators ETF","BETH":"比特币&以太币期货ETF-ProShares","BTF":"比特币&以太币期货ETF-CoinShares","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","YBTC":"比特币看涨期权ETF-Roundhill","ETHD":"ProShares UltraShort Ether ETF","BTCI":"NEOS Bitcoin High Income ETF","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","BTFX":"比特币期货ETF-CoinShares","GDLC":"Grayscale CoinDesk Crypto 5 ETF","ARKY":"ARK 21SHARES ACTIVE BITCOIN ETHEREUM STRATEGY ETF","CETH":"以太坊ETF-21Shares","STCE":"Schwab Crypto Thematic ETF","ETHE":"最大以太坊ETF-Grayscale","MSBT":"Morgan Stanley Bitcoin Trust ETP","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","EZET":"以太坊ETF-Franklin","YETH":"Roundhill Ether Covered Call Strategy ETF","BITQ":"Bitwise Crypto Industry Innovators ETF","DIME":"CoinShares Altcoins ETF","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","MNRS":"GRAYSCALE BITCOIN MINERS ETF","ETHW":"以太坊ETF-Bitwise","ETHT":"ProShares Ultra Ether ETF","ETU":"T-Rex 2X Long Ether Daily Target ETF","IBIT":"比特币ETF-iShares","BKCH":"AdvisorShares Sabretooth ETF","ETHU":"2倍以太币期货ETF-Volatility Shares","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","QETH":"以太坊ETF-Invesco Galaxy","BITW":"Bitwise 10 Crypto Index ETF","DAPP":"VanEck Digital Transformation ETF","ETHV":"以太坊ETF-VanEck","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","MAXI":"比特币期货ETF-Simplify"},"translate_title":"比特币如何失去对加密货币市场的控制以及这对山寨币意味着什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ETHA":0.9,"EZET":0.9,"MNRS":0.69,"AETH":0.9,"QETH":0.9,"BTF":0.9,"YBTC":0.69,"FETH":0.9,"BITW":0.9,"CRPT":0.9,"ETH":0.9,"ETU":0.9,"BKCH":0.9,"ETHU":0.9,"ARKY":0.9,"BTFX":0.69,"BTCL":0.69,"BEGS":0.9,"BITQ":0.9,"MAXI":0.69,"EETH":0.9,"MSBT":0.69,"ETHT":0.9,"ETHD":0.9,"TEKX":0.9,"ETHW":0.9,"LFGY":0.9,"CETH":0.9,"DAPP":0.85,"BETH":0.9,"BTCI":0.69,"ETHV":0.9,"YETH":0.9,"DIME":1.5,"BTCZ":0.69,"GDLC":0.9,"STCE":0.9,"CBTJ":0.69,"IBIT":1.5,"BETE":0.9,"NCIQ":0.9,"ETHE":0.9},"content_text":"What Is Bitcoin Dominance?Bitcoin dominance measures the percentage of the total cryptocurrency market capitalization that Bitcoin accounts for. When Bitcoin dominance is high, it means the majority of crypto capital is concentrated in BTC. When it falls, capital is rotating into Ethereum and altcoins – a shift that historically precedes what traders call “altcoin season.”In the early days of cryptocurrency, Bitcoin dominated the crypto market from 2013 to 2016, with daily Bitcoin dominance averaging between 82.6% and 95% per year. During this nascent period, Bitcoin’s majority dominance of crypto reached a high of 99.1%. The total crypto market was essentially Bitcoin – altcoin dominance accounted for just a fraction of the remaining market.As new assets launched and the ecosystem diversified, Bitcoin’s share began a long, structural decline. Starting near 100% in 2014, Bitcoin’s dominance dropped below 40% by 2017 as Ethereum’s launch and the ICO boom pulled capital toward altcoins.By the end of 2017, Bitcoin dominance had fallen to just 42% – a 53.65% decline from 2016 levels – as the rise of altcoins reshaped the market landscape. That moment marked the first time Bitcoin’s dominance was genuinely challenged at scale. Today, BTC dominance sits at 58.1% – well above its 2017 lows but significantly below its early dominance. Since 2023, Bitcoin dominance has been rising steadily, with an annual average of 45.6% in 2023, 51.9% in 2024, and 59.3% in 2025.Ethereum and Altcoin Dominance: The Shifting LandscapeThe story of declining Bitcoin dominance is, in large part, the story of Ethereum’s rise – and its recent struggles. When Ethereum launched in 2015, it introduced smart contracts and decentralized applications to the crypto ecosystem, giving investors a compelling reason to allocate capital outside of Bitcoin for the first time. That innovation drove Ethereum’s dominance as high as 31% during the 2017 cycle.However, the picture in 2026 looks very different. ETH dominance has fallen to just 9.1% of the total crypto market – a significant decline from its peak. Altcoin dominance, by contrast, stands at 32.8%, reflecting the proliferation of competing Layer 1 blockchains, DeFi protocols, and emerging ecosystems that have fragmented attention and capital away from Ethereum.Ethereum holds approximately $55.6 billion in DeFi TVL, capturing roughly 68% of the $94 billion global DeFi market through April 2026. Yet in April 2026, Solana’s weekly DEX volume of $11.49 billion outpaced Ethereum’s $7.62 billion – the two networks now answer different questions: Ethereum is the deposit ledger, Solana is the trading floor.What Does This Mean for Altcoins?The decline of Bitcoin dominance from 95% to 58% over more than a decade reflects the genuine diversification of the crypto market. Historically, when Bitcoin dominance peaks and begins to decline, capital rotates into Ethereum first, then into mid-cap and small-cap altcoins.Bottom LineThe journey from 95% to 58% BTC dominance tells the story of crypto’s maturation – from a Bitcoin-only market to a diverse ecosystem where capital is distributed across hundreds of assets. Altcoin dominance has grown substantially since 2013, while ETH dominance has declined to just 9.1% – reflecting both the strength of the broader altcoin market and Ethereum’s structural challenges.For traders and investors tracking BTC dominance and altcoin dominance, the message is clear – Bitcoin’s grip on the market is loosening, but the beneficiaries of that shift may not be who you expect. The next rotation could favour a new generation of altcoins over Ethereum’s established but challenged position.Data sourced from CoinGecko, CoinMarketCap, CoinCodex, and DefiLlama. The author has no affiliation with any of these data providers. All data is publicly available.Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.Market News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.To add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2642549172","isCrawlerRequest":true}