- Altcoin Cap Rises as Bitcoin Dominance Slips Again
- ETH, SOL, ADA Lead Gains as Traders Shift Focus
- Market Eyes Breakout with Altcoin Momentum Up
The cryptocurrency market is showing signs of renewed energy, with capital rotation favoring altcoins over Bitcoin. As key metrics shift and technical patterns strengthen, analysts are watching for a breakout in the altcoin sector. The altcoin market cap is positioning for what could be a major expansion phase.
Altcoins Gain Momentum as Bitcoin Dominance Weakens
The total crypto market cap began April 2025 at $2.63 trillion. It dropped by 9.8% to $2.31 trillion by April 7, then rebounded 11.71% through April 12. As of April 20, the market stands at $2.65 trillion—recovering but still 5.2% below its peak for the month.
The altcoin market followed a similar trend. It opened April at $991.26 billion, bottomed at $831.83 billion on April 7, and recovered to $958.43 billion. This is 7.8% below the April high. Analysts suggest this rebound shows market resilience and growing investor confidence in altcoins.
Bitcoin dominance peaked at 63.98% on April 7 and briefly surpassed that on April 16. It now sits at 63.83%. If the trend continues downward, altcoins could gain additional traction. According to analysis prepared by Crypto Rover, continued dominance decline could support further capital inflows into the altcoin sector.
Trading Activity Signals Renewed Interest in Altcoins
Since April 16, the altcoin market cap has grown by 1.99%. During this time, Bitcoin’s price dropped from $84,936.62 to $84,479.38. Altcoin market capitalization maintained a stable demand between April 16 and May 2 since it grew from $947.58 billion to $948.94 billion.
Leading altcoins are showing gains. Ethereum is up 0.85%, XRP has gained 0.6%, and Solana rose 2.7%. Dogecoin and Cardano are also up 2.1% each. These movements, combined with volume increases, point to rising market interest.
With Bitcoin dominance weakening and altcoins gaining strength, the market is closely watching for a potential breakout in the altcoin market cap. If momentum continues, a broader altcoin rally may unfold in the coming sessions.
