Bitcoin Recovers to $108K as Altseason 2025 Loses Steam in the Market

• Bitcoin maintains dominance above 66% in June
• BTC recovery reinforces its role as a hedge asset
• Altseason Loses Traction Even as Bitcoin Rises

Bitcoin gained strength again this Sunday (29), trading at US$ 108.078, up 1% in the last 24 hours. The recovery comes after the recent drop caused by geopolitical tensions, which caused BTC to briefly retreat to the US$ 98.000 range.

Throughout the week, the asset demonstrated resilience in the face of global instability and managed to regain market confidence, ending the period with an increase in value. According to a report by Binance, even with the slight reduction in Bitcoin's dominance during the upward movement, the asset continues to control around 66% of the total value of the cryptocurrency market.

Ether's performance also followed the recovery movement, although with less intensity. ETH's volatility was more pronounced, and the asset ended the week quoted at US$ 2.480, still below its opening price, after reaching a low of US$ 2.130. This reinforces the perception that Ethereum does not yet have the same store of value characteristics that Bitcoin has consolidated.

As the macroeconomic environment shows signs of relief, BTC is once again being sought by investors as a hedge against global uncertainties. Binance noted that this recovery could signal the beginning of a positive trend for the largest cryptocurrency, although there is still no clarity on whether it will continue in the medium term.

Meanwhile, optimism for a new altseason is starting to fade. Despite historical expectations of capital shifting from Bitcoin to altcoins following consolidation moves, this cycle has proven less than fruitful. Dominant market themes — such as meme coins, BitcoinFi, and DePIN solutions — have shown limited strength.

Another factor that has weakened capital turnover is the saturation of projects in the market. Even if liquidity inflows into altcoins arise, the distribution among numerous tokens reduces the impact of collective appreciation. For a new altseason to take shape, the sector still needs a significant catalyst.