Bitcoin dominance falls to 55%…signal of capital rotation to altcoins

Suehyeon Lee

Summary

Bitcoin dominance fell from 62% to 55%, signaling a capital rotation to altcoins.
It reported that both institutional and retail investors are increasingly interested in Ethereum and Solana, and purchases are being made through digital asset funds.
The Block assessed that there is sufficient room for altcoin growth in Q4, but emphasized that actual network usage and the creation of real-world demand are important.

Bitcoin (BTC) dominance fell to 55%, signaling a rotation of capital into altcoins.

On the 3rd (local time), The Block reported that Bitcoin dominance dropped from a recent high of 62% to 55%. The outlet assessed that "the market has entered the early stage of a rotation in which capital moves from Bitcoin to altcoins."

In particular, Ethereum (ETH) and Solana (SOL) are once again drawing the attention of both institutional and retail investors, and it appears that multiple digital asset funds are raising capital through listed companies to purchase altcoins.

The Block analyzed, "If risk appetite persists, there is sufficient room for altcoin growth in Q4. However, the key question is whether they can generate real network usage and real-world demand rather than relying solely on short-term derivatives-driven price rallies."

BTC

ETH

SOL