Altcoin Season Could Heat Up in June and Drain Part of Bitcoin’s $2T Market Cap, Analyst Says

Bitcoin's (BTC) dominance rate has dropped notably this month, sparking hopes for a full-blown alt season or period where the bull market spreads beyond BTC, lifting valuations in other sectors of the digital assets market.Joao Wedson, CEO and founder of crypto data analysis platform Alphractal, expects a full-blown alt season to unfold in June.Bitcoin's dominance rate, which measures the leading cryptocurrency's share of the total digital assets market, has dropped from roughly 65% to 62% in one week, ending a prolonged five-month uptrend, according to data source TradingView.During the same time, the total crypto market capitalization has increased from $2 source: https://www.coindesk.com/markets/2025/05/15/altcoin-season-could-heat-up-in-june-and-drain-part-of-bitcoin-s-usd2t-market-cap-analyst-says