- Bitcoin dominance climbs to 63.63% in May 2025, gaining 13 points in 17 months as capital flows favor BTC over struggling altcoins.
- BTC.D rally since mid-2023 shows strong momentum, reclaiming key resistance levels while altcoins continue to lose market traction.
- Despite nearing historical resistance at 71.37%, Bitcoin maintains an uptrend driven by ETF approvals and rising institutional demand.
According to Crypto analyst Charting Guy, Bitcoin dominance continues to rise, reaching 63.63% in May 2025. It is its highest ever since the start of 2021. The trend began at the start of 2024 and indicates Bitcoin’s increasing market share against altcoins.
Dominance had been at 51% in December 2023 and has gained over 13 points in 17 months. Money was pumped into Bitcoin on the strength of macroeconomic trends and growing institutional appetite. The rally is in place even with a small setback from April’s high above 64%. Bitcoin has cleared several resistance levels, indicating resilience in the context of a broader altcoin decline.
Strong Uptrend Since Mid-2023
Bitcoin dominance surged above 48.90% in mid-2023 as shown by analyst Daan Crypto Trades, confirming a trend reversal from the previous downtrend. Since then, BTC.D has reclaimed critical resistance levels like 52.74% and 56%. The most aggressive climb came between December 2024 and April 2025. During that phase, dominance jumped nearly 7%, supported by bullish momentum.
Source: Daan Crypto Trades
Additionally, weekly candles formed higher highs and higher lows, confirming sustained demand. The pink trendline drawn across recent peaks further validates the bullish structure. However, a bearish divergence appeared last week on the weekly chart. This signals short-term caution despite the long-term strength.
Macro Factors Fuel Bitcoin Dominance
Besides technical strength, macro catalysts continue to favor Bitcoin over altcoins. Spot ETF approvals and institutional adoption have accelerated Bitcoin inflows. Consequently, capital rotation toward altcoins has weakened. Bitcoin remains the primary asset benefiting from risk-on sentiment and regulatory clarity.
Moreover, historical cycles show that Bitcoin dominance tends to rise ahead of and after halving events. This aligns with current patterns as the market transitions back to Bitcoin concentration. The previous peak dominance occurred in 2017 and again in early 2021.
Bitcoin dominance still faces strong resistance near the 71.37% level. This zone acted as a ceiling during previous cycles. A revisit of that level would likely signal further altcoin pain. For now, Bitcoin’s dominance trend remains upward, though short-term consolidation may occur.
