The second half of July 2025 saw Bitcoin prices rising, yet its market share began to decrease due to the strong performance of altcoins.
Impact of Altcoins on the Market
Despite Bitcoin's price increase, its market dominance has started to decline. Altcoins such as Ethereum and Solana have outperformed Bitcoin, indicating a growing investor interest in alternative cryptocurrencies.
New US Legislation as a Catalyst
A significant factor behind the altcoin rally is new legislation signed by former President Donald Trump. This law establishes a clearer legal framework for digital assets in the US, greatly enhancing investor confidence, particularly in altcoins that were often viewed as legal gray areas.
Market Outlook for Cryptocurrencies
The decline in Bitcoin dominance does not signal weakness but rather indicates a strengthening of the entire crypto ecosystem. Altcoins are gaining recognition as legitimate assets, attracting fresh investments and interest.
The current market situation demonstrates that Bitcoin maintains its significance, but competition from altcoins is increasing, opening up new investment opportunities.
