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COINTURK NEWS > Altcoin News > Cryptocurrency Experts Predict Trends in Altcoins and Bitcoin Dominance
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Cryptocurrency Experts Predict Trends in Altcoins and Bitcoin Dominance

In Brief

  • The cryptocurrency market is facing challenges as altcoins struggle.

  • Experts are closely monitoring Bitcoin's dominance and its impact on altcoins.

  • Predictions for Litecoin's future remain optimistic, with potential ETF approvals on the horizon.

Fatih Uçar
Fatih Uçar 3 months ago
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Since mid-December, cryptocurrency traders have faced significant losses in altcoins. Today, many expect Bitcoin (BTC) $103,232 prices to surpass six-digit levels for a rebound. Currently, nearly all altcoins are trading well below the prices seen when BTC was at $50,000. So, what do experts think about this situation?

Contents
Bitcoin Market Dominance and AltcoinsLitecoin (LTC) in 2025

Bitcoin Market Dominance and Altcoins

Bitcoin’s dominance inversely correlates with altcoins, currently represented by a BTC.D level of 60. This figure indicates the pressure on altcoins, as we typically see it drop to 48% or lower during an altcoin bull market. As a result, traders are closely monitoring the BTC.D chart. Cryptocurrency analyst Rover noted that we are moving towards an expected phase.

“Bitcoin’s dominance is about to break this rising channel. Bullish for altcoins!”

Altcoin Sherpa implied that the BTC.D decline needs to happen while BTC prices remain stable. He expressed concern about the environment, stating that for traders to see profits, BTC needs to rally significantly, or else they may face further losses.

Litecoin (LTC) in 2025

Bloomberg analysts predict a 90% chance of approval for the Spot LTC ETF this year. Recently, similar odds were discussed for BTC and ETH, with many ETFs now approved. By November, we expect results for many altcoin ETF and option applications, particularly for LTC and XRP Coin.

In today’s analysis, Carl discussed LTC and anticipates a move towards $180.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 16 February, 2025 - 5:55 pm 16 February, 2025 - 5:55 pm
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