Crypto Total Market Cap Excluding Top 10 Dominance

Altcoin dominance has been declining since early 2024, revisiting June 2023 lows and hitting a 4-year low. This mirrors the last cycle, though the drop then was sharper and faster.
In 2021, altcoins surged post-halving as BTC climbed 50-100% above its previous all-time high—similar to what could unfold in 2025. While each cycle differs, the pattern so far loosely aligns, though altcoins have underperformed compared to the last cycle.