BTC’s continued dominance has driven the Altcoin Season Index to its lowest level of the year, underscoring prolonged weakness in altcoin performance against Bitcoin.
Bitcoin fell 1.5% from its overnight high, extending a downtrend marked by lower highs since October after failing to reclaim $94,700 last week. The CoinDesk 20 index dropped 1.6%, with bitcoin dominance rising to 58.7% amid widespread altcoin underperformance. The Altcoin Season Index, which measures altcoins’ gains relative to Bitcoin, fell to 15, its lowest reading of 2025, reflecting ongoing weakness in the segment. The average crypto relative strength index sits at 38.49, suggesting oversold conditions despite no clear year-end catalysts. BTC’s 30-day implied volatility remains below 50%, ahead of U.S. inflation data and the Bank of Japan rate decision. Open interest in BTC and ETH futures declined, while certain tokens like BCH, UNI and NEAR saw moderate increases. ASTER and TAO plunged more than 6%, while monero and Cardano’s NIGHT token posted small gains. GoPlus reported $4.7 million in 2025 revenue, with significant token trading volumes. Analysts note the strengthening Chinese yuan could create a more bullish environment for bitcoin by influencing global money flows.