The Altcoin season-long wait might finally be over. Popular crypto trader Rogue Crypto believes that we’re on the verge of altcoin season as the crypto market cap just hits $3 trillion, with Bitcoin soaring to a 7-week high of $94,600 and other altcoins beginning to outperform BTC.
But what’s driving this belief, that altcoin season is just a week away? Let’s break it down.
Trump’s Tariffs and the FED Pressure Game
According to Rogue Crypto, the “shakeout phase” is done, and altcoin season could start any moment now. After months of slow movement and fear in the market, there are now strong signs that the tide is turning. However, this is closely tied to recent political and economic moves by Donald Trump.
Trump’s new tariffs, talks with China, and pressure on the Federal Reserve are shaking global markets. While these actions are causing short-term struggles, they could force the Fed to cut interest rates and pump money into the system.
Meanwhile, the bond yields are surging past 4.4%, retail stores are struggling, and fears of a recession are growing.
Bitcoin Dominance Still Low, Altcoins May Soon Rise
One of the biggest signs Rogue Crypto points to is the Bitcoin Dominance chart (BTC.D). In past cycles, when Bitcoin’s dominance hit around 70%, it meant Bitcoin was topping out, and money started flowing into altcoins.
As of now, BTC dominance is still below that 70% level, currently at 64.43%. This means Bitcoin likely still has a bit more room to grow. But once it peaks, that’s usually when altcoins explode.
If we look back at past crypto cycles, in 2017 and 2020, Bitcoin dropped sharply before bouncing back and hitting new all-time highs. Rogue believes 2025 is following the same story: a big shakeout before the breakout.
One More Thing: Watch the Money Supply
Finally, Rogue highlights the M2 money supply, which shows how much money is flowing into the economy. When there’s more money, people invest more, and crypto usually pumps.
Right now, if the Fed adds more money to the system (because of Trump’s pressure), we could see a strong market push.
Altcoin Index Shows Bitcoin Still Leading
According to the Altcoin Index, it’s still Bitcoin season for now. Bitcoin is outperforming most altcoins, showing its dominance.
For it to be truly altcoin season, 75% of the top 50 coins would need to do better than Bitcoin over the past 90 days. However, the index currently shows that only 22 altcoins are outperforming Bitcoin.
