Bitcoin dominance is up for the third consecutive year.
Our latest study shows that $BTC dominance has hit an average of 59.3% in 2025 and reclaimed majority market share.
Here’s a breakdown of the 12-year trend 👇
2/ From 2013 to 2016, Bitcoin dominated the market with an average dominance of 83% to 93%.
Peaking at 99.1%, it experienced highly volatile swings due to early exchange failures and security breaches.
3/ In 2017 and 2018, the initial coin offering (ICO) boom and rapid altcoin expansion disrupted Bitcoin's dominance.
Consequently, $BTC market share fell to an all-time low of 31.1% in January 2018 as liquidity flowed out and into newly launched tokens.
4/ $BTC recovered its market share in 2019 and 2020.
Average dominance rebounded to the 60–70% range, driven by the third halving, DeFi's emergence, and growing institutional interest.
5/ From 2021 to 2022, history repeated itself as altcoins reasserted influence.
Despite Bitcoin reaching new all-time highs, dominance fell to 38.6% as the broader crypto market outperformed $BTC.
6/ Remarkably, ever since 2023, Bitcoin steadily reclaimed market leadership.
Dominance rose from 38.4% in 2023 to 59.3% in 2025 year to date, fueled by spot ETF approvals and increased institutional adoption.
7/ This reflects that volatility has declined significantly with daily changes ranging from –1.2 to +1.6 percentage points, compared to swings of up to 16 percentage points in earlier years.
This begs the question: will $BTC surpass 70% or are altcoins primed for another cycle?
Methodology: The study analyzed Bitcoin dominance from April 29, 2013 to July 22, 2025, sourced from CoinGecko.
Dominance refers to $BTC's share of the total crypto market and thresholds were calculated using daily closing values.
Read the full study 👇
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