Cryptocurrency Market Today

Introduction

It has been a while since I have written last post, so I come back with post about cryptocurrency market today. Time is really flying and it was one month…

During this month I was thinking about a few changes on this website and decide write little bit less, but more concrete. You will see what I mean soon.

As like I have written before, I come back to writing with post about cryptocurrency market today. I mean by that to write about what is going on on cryptocurrency market, where we are right now and some interesting facts.

Please read, share and comment.

Cryptocurrency Market Today

Let’s take a look for a few important facts from cryptocurrency market like Bitcoin domination, altcoin season, bull run and a few more important information.

Bitcoin Dominance

Let’s first take a look for Bitcoin dominance and how it’s influence cryptocurrency market. For all of you it’s clear that Bitcoin were and probably still will be the biggest factor of change on cryptocurrency market. It should not surprise you.

The last bull markets were highly corelated with Bitcoin price changes and this bull market seems to be little bit different, but really?

In my personal opinion, Bitcoin still will be the biggest factor of change on cryptocurrency market.

Right now Bitcoin is 62.6% of whole cryptocurrency market according to Coinmarketcap and it’s is extremely high.

In the moment of market peak – before the end bull market – Bitcoin were on the lowest levels in case of domination. It happen in the end of 2017, Bitcoin has just 33.4% domination. Once again, it happen in 2021 37.9% domination.

For sure it will happen again. One more think to mention is, that Bitcoin first has huge advantage against Ethereum and then coming altcoin season. Right now little bit more exactly about altcoin season indexes.

Altcoin Season

Take a look for our X channel and join our community there, but let’s come back to topic. I mean by that, right now obviously we are far away from altcoin season. All the indexes telling us we are on 20 or 22 in 100 scale. Be patient, altcoin season will happen in this bull market for sure. When exactly, no idea.

I can tell altcoin season will happen between September 2025 and April 2025. For sure.

Here are links to all altcoin season indexes from article: coinmarketcap altcoin season, coinink altcoin season, altcoin season index. When you will be visiting those links they can have different values, because they change everyday.

Top 10th Altcoins

Obviously there are any changes in first 2 places, but Binance Coin lost third place, because of strong bull market on Ripple. For this reason Binance is right now on 4th place. Just behind on the 5th place is Solana.

Last 5 places are: Dogecoin, Cardano, TRON, SUI and Chainlink. As interesting fact I will write that, Chainlink market capitalization is $10 billions. Quite a lot for still very early stage of cryptocurrency market.

Just to be clear, I am not taking in consideration stablecoins, because they are crucial for cryptocurrency industry, but their prices as like name say, are stable.

Were we are Right now?

Reading were we are during bull market is essential in any investment or trading. You can’t be 100% sure, but there are a few onchain charts what tell us very well about actual situation on the market.

Take a look below to see what I mean.

2 years average price of Bitcoin is first of chart you should watch. Whenever bull market is close to end actual price touching red line (2 years average x5). It’s happen in 2014, 2018 and end of 2021. Cryptocurrency market today is in the middle of two bands – green and red.

Green line indicates bear market and red line end of bull run. We are still quite far from end of bull market.

Stock-to-Flow Model works quite well as well. Take a look on the chart. Stock/Flow (365 days average) and Bitcoin price is far behind stock price. Whenever it was end of bull market Bitcoin price crossed Stock/Flow model. Besides that model variance were red what mean there were huge price fluctuations. Obviously, when market is more mature we will see less end less fluctuations. Anyway, they will be quite big fluctuation before end of bull market.

This fluctuation can be a sign of psychological euphoria on the market. All of that said, let’s write little bit about fear and greed index below.

Psychology is one of the keys in success on any market. Fear and Greed index showing us what sentiments investors or traders have and… After optimist – greed is time for interaction and time of pessimism – fear. The best moments to buy is when is huge fear and sell when greed is high.

Let me give you example. In the last year. 6 August 2024 it was 17 on 100 scale in Fear and Greed index and Bitcoin price was $54k. From that moment prise of Bitcoin rose till January 2025. Next, 27 February 2025 and Fear and Greed index it was 10. Huge scarcity. Price of Bitcoin it was $84k, but in this case price was still in local bear trend. Local bottom happened on 9 April 2025. Price of Bitcoin was landing on almost $76k. It was the last day before trend change to rising up price of Bitcoin.

Price of Bitcoin rising up and is in bull trend till today… All Time High happen 21st May 2025 (during writing this article), but during publication on the weekend can be new ATH. It very possible.

The last on chart what I would like to write about is Pi Cycle Top Indicator. When 2 bands of price cross each other – price 111DMA and price 350 DMA x2 (day moving average) and actual price of Bitcoin crossing them as well then we can be sure we are almost at the end of bull market or we are already hit bear market. In the last bull market it was time when Bitcoin price hit new All Time High and then change trend to bear market.

Oh. I have forget to give you links to all those charts. Take a look for this Bitcoin charts here.

The last index where we are in cryptocurrency market today is CBBI. This index is accumulation another indexes and telling you how far we are in bull market as well. During writing this article it was 76 in 100 scale.

After all those indexes it time to write conclusions, so let do it.

Conclusion

We are not at the end of bull market on cryptocurrency market. Cryptocurrency market today is still in bull trend. It simply means that capital and prices of Bitcoin and altcoins will rise.

There still will be altcoin season like it was happen in the last bull markets, but we can expect that distribution of capital will be more concentrated on the biggest market caps.

Altcoin season always happen when Bitcoin first hit the highest dominance and then is reaction and dominance is lost on case of altcoins. Of course, the greatest representant of altcoins is Ethereum, so watch out how dominance of Bitcoin is lost for Ethereum capital. It will happen for sure.