Will Bitcoin market dominance stay high forever?

[LFC_Bitcoin]

Bitcoin Dominance will always fluctuate but there wasn’t really a proper Altcoin Season this cycle so maybe Altcoin investors will lose confidence and money will flow back into Bitcoin and not return? Wishful thinking maybe on my part.

There are so many Altcoins and most of them are useless with no utility and are just a liquidity trap for rug pulls. New Altcoins will always pop up but maybe for every 100 new shitcoins that launch, 100 shitcoins die. Bitcoin is King and will remain so.

[boyptc]

Every day, we see new altcoins pop up in the market. Some existing altcoins rise in price at a faster pace in Bitcoin, taking a significant portion of its market share. ETH is a good example of this. Despite all of the buzz surrounding altcoins, Bitcoin's market dominance is still high (for obvious reasons). However, some believe that could change in the future as more liquidity enters the crypto market.

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

Your input would be greatly appreciated. Thanks.

I think that I've seen it dropped near to that percentage because the money in flows goes mostly to the altcoins during the bull run.

Right now it's with 59% and that's why it's near to decline under 50%. If we enter the bear market, I guess that we'd see this kinds of scenario.

However, it's not going to stay on that range for so long because the buying pressure has been so stable and everyone would like to buy it if seen cheap.

[Synchronice]

Every day, we see new altcoins pop up in the market. Some existing altcoins rise in price at a faster pace in Bitcoin, taking a significant portion of its market share. ETH is a good example of this. Despite all of the buzz surrounding altcoins, Bitcoin's market dominance is still high (for obvious reasons). However, some believe that could change in the future as more liquidity enters the crypto market.

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

Your input would be greatly appreciated. Thanks.

There is a possibility of everything. Who could imagine a few years ago that something like Bitcoin would appear in the world? No one. At the moment Bitcoin stands strong but you never know what's gonna appear tomorrow. There might be created a revolutionary altcoin that will be so exclusive, so powerful and so useful that it might become the dominant.
At the moment, we can say that there is a high chance that Bitcoin's dominance will remain for a long time because it's the only truly decentralized and the most adopted cryptocurrency. Even governments plan to heavily invest billions of dollars into Bitcoin to create a Bitcoin strategic reserve, so this answers to all questions about Bitcoin's future dominance.

[bitLeap]

OP, I've actually thought about this too but I'm still trying to deny it and maintain that Bitcoin existence is irreplaceable. However investors are increasingly becoming the biggest market movers because they hold significant funds, easily playing a dominant role in the market. I think it might happen someday, but not anytime soon. I'm confident that the community that still believes in Bitcoin can maintain that dominance.

[Smack That Ace]

OP, I've actually thought about this too but I'm still trying to deny it and maintain that Bitcoin existence is irreplaceable. However investors are increasingly becoming the biggest market movers because they hold significant funds, easily playing a dominant role in the market. I think it might happen someday, but not anytime soon. I'm confident that the community that still believes in Bitcoin can maintain that dominance.

To be fair, it's entirely possible that one day bitcoin will no longer dominate the market. Like what is happening now, the money flowing into the market comes mainly from Wall Street and ETFs. If they change their taste and instead of focusing on bitcoin, they switch and go all in on ETH or any altcoins. Bitcoin's dominance is certainly under threat.

The market is huge and beyond our control. So just because we don't believe it doesn't mean it won't happen. But with the demand for bitcoin today, we can rest assured that that won't happen in the near future. Bitcoin will still dominate the cryptocurrency industry for a while and probably for quite a long time.

[Apocollapse]

Since you're talking about Bitcoin dominance went from 50% to 10%, instead of Bitcoin no longer being at the highest market cap, my answer it's really possible. Because Bitcoin can still being the highest market cap among other cryptocurrencies even though the market dominance would be just 10%.

See stocks, the global market is $120 trillion and Nvidia as the highest market cap stock has $4 trillion, which mean their market cap only represent 3% from the global market.

There isn't a single, exact number for total "stocks" (meaning shares) globally, but there are around 53,000 to 58,000+ listed companies worldwide, with massive numbers of individual shares (trillions) making up the global market, valued at over $120 trillion, with constant changes as companies issue shares and new ones list.

[Antotena]

Every day, we see new altcoins pop up in the market. Some existing altcoins rise in price at a faster pace in Bitcoin, taking a significant portion of its market share. ETH is a good example of this. Despite all of the buzz surrounding altcoins, Bitcoin's market dominance is still high (for obvious reasons). However, some believe that could change in the future as more liquidity enters the crypto market.

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

Your input would be greatly appreciated. Thanks.

We see new Altcoins everyday but one thing spoil everything they do and that is greed. No developer want to build something and 100% believe that coin will do well in the future, they comes with all sort of means to make quick money and that's why projects die quickly. They want to give coins to private investors, seed investors, public sales, airdrops and many shit show just to make money and still give their team an allocation and we think there is any coin in the future that will replace Bitcoin, I disagree.

Nobody knows what the future hold but you see what the Bitcoin market is doing, it's working on a platter of trust of years ever since Satoshi build it and left it for everyone to use. The same pattern has been use by many people, even Shiba token, the creator wanted to be Satoshi by going leaving the project but I'm 100% sure that guy has an allocation hidden somewhere to sell by the time the coin does well unlike Bitcoin that is community own.

[Pandorak]

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

I think that possibility certainly always exists, even though the percentage is very small. We cannot say that something is impossible because none of us come from the future and see it directly. However, i also believe that in the future, Bitcoin's dominance will be greater than it is today, with adoption that is certain to be more widespread. In addition, the limited supply will lead to competition among investors who want to buy Bitcoin, which will certainly have an impact on price increases. Even now, we can already see that many people consider Bitcoin to be a store of value.

[Zaguru12]

I think that possibility certainly always exists, even though the percentage is very small. We cannot say that something is impossible because none of us come from the future and see it directly. However, i also believe that in the future, Bitcoin's dominance will be greater than it is today, with adoption that is certain to be more widespread. In addition, the limited supply will lead to competition among investors who want to buy Bitcoin, which will certainly have an impact on price increases. Even now, we can already see that many people consider Bitcoin to be a store of value.

Instead of calling it impossible I think we will simply just say it might be improbable because to me base on the current situation bitcoin seems to have actually cover almost everything that one will need that’s not possible with fiat currency. Yes there will be more Altcoins coming but the problem remains that the solution they will be most likely looking to have been provided by bitcoin.

Plus with big institutions looking to invest into bitcoin with most countries relaxing the restrictions placed on them I think it will be hard having another coin now coming to make up this grounds. OP is saying bitcoin dominance falling to 10% while I would say it’s not impossible I think it’s improbable because liquidity will seemly be with big investors and they will be with bitcoin

[mindrust]

Isn’t this a very old debate? Bitcoin market dominance has been high because there aren’t any real competitors. The only one that came close was eth because it refused to be like bitcoin and enabled shitcoin factory features. I wish monero was at the third spot or something but it is very hard for them to gain traction when every market mechanic works against them.

Bitcoin basically competing against eth and few fairly good alts. The rest is just noise and no matter how many new shitcoins enter the market, eventually most of them will go to zero because btc will absorb their marketcap.

Money always move from bad to good. That’s why shitcoins always bleed and btc gets fat.

[Asiska02]

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

Your input would be greatly appreciated. Thanks.

Time will tell on that, we can’t be so sure of that because as the world is developing, there’s room for more innovation which may or may not likely take over the dominance of Bitcoin. Bitcoin since inception has already grown sporadically which makes it not to have a competitor even in its circle in terms of dominance. The only decline I foresee for the Bitcoin market for now is that which happen during the bear markets, but losing its whole potential is not what I’m expecting from it even in many years to come from now. If there’s another technology that could beat it, we should have by now seen it as a threat to it, but none is present and makes Bitcoin dominance stand more undefeated.

[fredericktaylor]

Bitcoin Dominance will always fluctuate but there wasn’t really a proper Altcoin Season this cycle so maybe Altcoin investors will lose confidence and money will flow back into Bitcoin and not return? Wishful thinking maybe on my part.

There are so many Altcoins and most of them are useless with no utility and are just a liquidity trap for rug pulls. New Altcoins will always pop up but maybe for every 100 new shitcoins that launch, 100 shitcoins die. Bitcoin is King and will remain so.

Of course, with the change of time, a lot of Altcoins are coming to the market but they do not have any specific future plans. They are for a short time, not for a long time, I hope Bitcoin will always be above all coins. In the future, many Altcoins will come to the market, their price will be high for a short time, after a few days they will all die, this is how the process will continue, but in the end, Bitcoin will survive as the king. Bitcoin is the best today, it will be the best in the future, its use will gradually increase, and finally it will be at the top of the mountain.

[Jatiluhung]

Bitcoin's dominance continues to this day. Even if we look at the market chart, it is clear that Bitcoin continues to maintain its dominance strongly. Even when it corrects, it is only slightly. But I am sure there will come a time when Bitcoin's dominance begins to weaken. In a bearish market, everything could change. However, I am confident it will not drop below 30%. The last time Bitcoin's dominance reached around 30% was around 2022. After that, we saw Bitcoin's dominance continue to strengthen and maintain between 40% and 50%.

And if we look at the data on CMC, we can see that Bitcoin only ever reached its lowest dominance level on January 15, 2018, with a dominance rate of just 32%. And it seems that Bitcoin has never weakened again in terms of dominance to a level below that.

[Marvell1]

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

I think that possibility certainly always exists, even though the percentage is very small. We cannot say that something is impossible because none of us come from the future and see it directly. However, i also believe that in the future, Bitcoin's dominance will be greater than it is today, with adoption that is certain to be more widespread. In addition, the limited supply will lead to competition among investors who want to buy Bitcoin, which will certainly have an impact on price increases. Even now, we can already see that many people consider Bitcoin to be a store of value.

Bitcoin adoption is growing but at the same time the adoption of top cryptocurrencies like ETH, LINK or SOL is also increasing. The altcoin market is also maturing, not just bitcoin maturing and gaining adoption. So I don't think bitcoin's dominance will be threatened, but I think it will gradually decrease over time as altcoins mature, it won't be able to sustain or go any higher.

If we compare bitcoin dominance over the years, we will see that bitcoin dominance is slowly decreasing. Before 2021, Bitcoin dominance rose above 70% at times, but in this cycle, it hasn't even been able to go above 65%.

[d5000]

I believe this entirely depends on the scenarios we observe, i.e. the type of crypto adoption we'll see.

First scenario that comes to mind is the well known "Bitcoin Standard" scenario. This is basically the most bullish scenario for Bitcoin: Bitcoin becomes the main world reserve currency and would be used by Central Banks to back their national currencies. There woud be many Layer-2's offering all kinds of functionalities, including turing-complete smart contracts.

You would perhaps think that this scenario would make altcoins disappear, but I don't think so. However, in that scenario my guess is that the Bitcoin dominance would stay approximately at today's values, or even a little lower (40-50%). This is because once Bitcoin becomes really that "established" that it is considered an universal success, I expect other strong and decentralized altcoins to experience a true boost. The coins I expect most to rise in this scenario are privacy coins, their share could increase as high as 20-30% (now it's under 10%). In contrast, I expect the market cap of smart contract platform coins like ETH to grow less, and they will have a smaller dominance ratio. The reason is that you can use Bitcoin for all purposes due to the smart contract L2s, and Ethereum's USP would wane away.

Second scenario is the "everything stays the same" scenario. This means that Bitcoin doesn't make it to a "standard" at least for 2 decades more, and it remains fairly speculative. The Bitcoin market cap in this case could stay as high as today, because people will still see BTC as the most "safe" asset. But there would be no major changes in the altcoin market - ETH will stay king. However also in this scenario I see an increase for privacy coins, but at the detriment of smaller smart contract platforms.

Maybe we can revisit this after the number of block rewards is so low that many miners switch or exit the market.

Miner hashrate has probably not really an impact on Bitcoin Dominance due to difficulty. The only exception is that it falls so low that Bitcoin's security budget becomes doubtful, as this could lead to a major FUD wave which would obstaculize further adoption by the masses.

[SilverCryptoBullet]

First scenario that comes to mind is the well known "Bitcoin Standard" scenario. This is basically the most bullish scenario for Bitcoin: Bitcoin becomes the main world reserve currency and would be used by Central Banks to back their national currencies.

Bitcoin blockchain will continue its spin and new Bitcoin blocks will be found, its adoption growth will continue its upward curve without such dreaming adoption and I believe governments and central banks will make such actions. They can add Bitcoin to national reserves but nothing more than that, fiat currencies and new digital format as CBDCs will be used by governments and central banks in the future without pegs to Bitcoin.

There woud be many Layer-2's offering all kinds of functionalities, including turing-complete smart contracts.

Bitcoin sidechains will continue their development, launches and adoption growth even governments and central banks won't make massive adoption for Bitcon as national reserves or as back of their national currencies.

You would perhaps think that this scenario would make altcoins disappear, but I don't think so.

In any scenario, in blockchain industry and cryptocurrency market, Bitcoin and altcoins will live with each other, they will continue their existences together but only strong altcoins can exist and be lively used by community with time. Weak altcoins, unfortunately most altcoins are weak, will disappear or die with time.

[LastKiss]

 It’s possible, but I wouldn’t expect something like that to happen. In my view, market dominance is equal to trust. When Bitcoin’s dominance is high compared to other cryptocurrencies, it shows that people still trust Bitcoin as their primary investment essentially trusting the first and most established crypto asset. Now imagine Bitcoin’s dominance dropping to 10% because Satoshi Nakamoto suddenly moved his coins. That kind of event could significantly damage confidence and many investors might start questioning Bitcoin’s long-term reliability.

There’s a strong chance Bitcoin dominance (BTC.D) could revisit the 40% range once global risks ease and investors become more willing to allocate funds to riskier assets like altcoins. That shift would naturally increase altcoin dominance while reducing Bitcoin’s share. At the moment, though, people are worried about tariffs, geopolitical tensions, climate concerns, and other uncertainties. In times like these, investors tend to favor safer assets such as gold over higher risk investments.

[malekbaba]

If BTCD keeps staying at the peak, it basically means money isn’t flowing into altcoins. People are choosing safety over risk. When this happens for a long time, the market feels “stuck”. People will loose interest. Volatility, quick gain, speculation etc plays role in crypto volume.
But high dominance never lasts forever. Eventually, investors get bored of slow BTC moves and start hunting for bigger returns. That shift usually sparks an altcoin run. So if BTC.D stays high for too long, the next big rotation might actually be stronger. Markets move in waves. Dominance is just showing which phase we’re in right now.

[Hanadawa]

OP, I've actually thought about this too but I'm still trying to deny it and maintain that Bitcoin existence is irreplaceable. However investors are increasingly becoming the biggest market movers because they hold significant funds, easily playing a dominant role in the market. I think it might happen someday, but not anytime soon. I'm confident that the community that still believes in Bitcoin can maintain that dominance.

So far, I haven't seen any conditions that would cause Bitcoin's market dominance to decline and altcoins, as a whole, to overtake it. I understand the OP's point that Bitcoin's number one position is nearly impossible to replace, but Bitcoin's market dominance could decline if a few altcoins achieve very large capitalizations. Currently, Bitcoin's dominance is around 58%, and Ethereum's is 12%. It would take another altcoin with a high level of trust to achieve market dominance. And that still seems like an impossible task, as there are more trash altcoins in the market than trustworthy ones. I think so far, only BNB, XRP, SOL, and perhaps ADA have the trust levels that have the potential to rival Ethereum.

[salad daging]

Do you think there's possibility Bitcoin's market dominance will decline in the future? I'm not talking about another cryptocurrency taking Bitcoin's market share entirely, but rather reducing its dominance to a point where it's at the minimum (like declining from 50% all the way to 10% for example).

I don't believe bitcoin will decline in dominance in the future, but rather will continue to increase over time while altcoins still won't be able to match bitcoin's dominance until whenever.

Even though I am too optimistic but still believe bitcoin will continue to increase.

Some people say in the future anything can happen, yeah that's true but there will be more liquidity coming to bitcoin than altcoins.
As bitcoin goes up in price - then market dominance will continue to increase, whereas we have a bitcoin cycle to look forward to with a 2x or 3x increase.