Bitcoin Leads Crypto While HBAR, XRP, XLM Take Backseat: When Will BTC Dominance Fall? AllinCrypto June 11, 2025
The crypto market has been buzzing with activity in recent weeks, particularly as Bitcoin continues to trade near local highs.
However, for many investors, the excitement has been one-sided. While Bitcoin and Ethereum benefit from strong institutional inflows via ETFs, most altcoins remain stagnant.
Top altscoins like XRP, HBAR, XLM, and Algorand have been largely quiet, even as strong industry developments unfold for alts as Ripple expands its global presence, and Hedera gains Arrow Electronics on its Governing Council.
Bitcoin and Ethereum Dominate
Bitcoin is currently trading close to its recent all-time high of $111,814, up around 4% over the past week. Ethereum has seen an even stronger performance, gaining approximately 6.6% in the same period.
These gains are being fueled by substantial institutional inflows, particularly through ETFs. On June 9 alone, Bitcoin recorded $386 million in inflows. Over the past two weeks, Ethereum saw a whopping $837 million, pushing its price to $2,800.
While Bitcoin and ETH continue to rally, top altcoins are moving sideways, unable to gain traction. Bitcoin dominance now sits at 60%, making it increasingly difficult for altcoins, except Ethereum, to make meaningful advances.
Altseason Delayed, But Not Forgotten
Historically, when Bitcoin dominance dips below -50%, altcoins tend to outperform in what’s known as altseason.
Some analysts suggest that the eventual launch of altcoin-focused ETFs could bring institutional investments into the altcoin space, potentially sparking a new altcoin cycle.
This could help decouple altcoins from Bitcoin’s price action, allowing them to move independently and potentially outperform.
CPI Report and Fed Speculation in Focus
Investors are now looking ahead to the release of May’s Consumer Price Index (CPI) report, scheduled for 8:30AM ET on June 11.
The report could influence Bitcoin’s next move. Strong inflation data might support continued upward momentum, while a weaker report could lead to consolidation.
Adding another layer of uncertainty are rumors that former President Donald Trump is considering Scott Bessent as a potential replacement for Jerome Powell as Chair of the Federal Reserve. If this were to happen, it could significantly influence market sentiment and Bitcoin’s short-term direction.
For now, patience is key. Altcoin investors may need to wait a bit longer before seeing meaningful price movement.
The post Bitcoin Leads Crypto While HBAR, XRP, XLM Take Backseat: When Will BTC Dominance Fall? first appeared on AllinCrypto.
