Is the crypto market about to flip? On May 13, 2025, MEXC COO Tracy Jin told crypto.news that Bitcoin’s dominance falling to 62%—down from a peak of 65%—could signal an impending altcoin season. This shift, combined with Ethereum’s Pectra upgrade, might redirect capital to altcoins, potentially sparking a $1 trillion rally in their market cap, which currently sits at $1.05 trillion.
What’s driving this change? Bitcoin’s dominance, which measures its share of the total crypto market, hit 63.89% recently but has since dipped, per TradingView data. Historically, a drop below 60% often kickstarts an altcoin season—where coins like Ethereum (ETH), Solana (SOL), and XRP outperform Bitcoin. Jin points to Ethereum’s Pectra upgrade, which Uniswap leveraged for one-click swaps on May 13, as a catalyst for renewed altcoin interest. Posts on X echo this, noting liquidity flowing into ETH and SOL, though sentiment remains inconclusive. Meanwhile, Bitcoin’s price, steady at $100,771 after a $2K dip, reflects a “sell the news” reaction to the US-China trade deal.
What’s the catch? For beginners, an altcoin season sounds thrilling, but risks abound. Bitcoin’s dominance drop isn’t guaranteed to sustain—past cycles show it can rebound fast, crushing altcoin gains. The $5 billion in “dark stablecoins” flagged by CryptoQuant’s CEO could also spark volatility, especially with macro uncertainties like the Dow’s 250-point dip on May 13 due to Trump’s drug price order. Plus, altcoins face fragmented narratives and liquidity issues, as FXStreet noted, meaning only select tokens may rally—not a broad surge.
What should you do? Diversify cautiously and research projects with strong fundamentals, like those tied to DeFi or real-world assets (e.g., MEY Network’s real estate NFTs). Altcoin seasons can be lucrative but volatile—invest only what you can afford to lose.
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