Bitcoin's dominance has slipped to 55%, with signs of altcoin rotation emerging

ChainCatcher message, according to The Block data and insights report, Bitcoin's market share in the crypto market has dropped from a peak of 62% to 55%, indicating that the market is entering the early stage of capital rotation from Bitcoin to altcoins.

Ethereum (ETH) and Solana (SOL) are attracting renewed attention from institutional and retail investors, while multiple digital asset treasury funds are raising capital through publicly traded entities to purchase assets, providing support for a potential rise in altcoins. The report notes that if the market continues to favor high-risk assets, altcoins have further upside potential in the fourth quarter, but the key lies in whether real spot demand can be established, rather than relying solely on short-term trends driven by derivatives.