- Bitcoin dominance climbs to 63.1% as Ethereum slips to its lowest in 3 years.
- ETH drops from 16.6% to 7.2% in 11 months as capital exits altcoins for BTC.
- BTC gains traction as ETH struggles with L2 migration and weakening gas flows.
Bitcoin’s market dominance has surged past 63%, marking its highest level in four years. Meanwhile, Ethereum and altcoins continue to shed market share amid a broader capital consolidation into BTC.
BTC Dominance Hits 63.1% as Altcoins Lose Traction
Bitcoin’s market share rose to 63.1%, reflecting a 2.45% gain, while Ethereum dropped to 7.2%, down 1.23%. Other altcoins now account for just 29.7% of total crypto market capitalization. In a post by CryptoPotato, the outlet reported that Bitcoin’s share has climbed steadily from 60.8% a month ago to 63.1% as of April 16.
Ethereum, which held 8.5% dominance in March, continues to decline as capital rotates into BTC. The data shows a consistent pattern: Ethereum has shed more than 1% market share in the past 30 days. Other tokens collectively fell 1.22%, reinforcing the narrowing field of leadership in crypto markets.
Sharp Divergence Between Bitcoin and Ethereum
Bitcoin’s rise corresponds with increasing volume and stronger price stability across 2025. Ethereum, however, has seen a sharp halving in dominance since May 2024. According to the report, BTC’s rise from its 52.4% low in May 2024 to 63.0% in April 2025 represents a 10.6% gain, while ETH dropped from 16.6% to 7.2% over the same period.
The announcement highlighted structural shifts in capital exposure, with liquidity moving from altcoins to Bitcoin. Custody providers and institutional desks have reportedly increased BTC weighting to reduce risk and align with macro trends. Meanwhile, Ethereum has struggled to maintain traction amid declining gas revenues and shifting L2 migration flows.
Ethereum Loses Key Support as Market Share Shrinks
Ethereum’s dominance has broken below key historical thresholds, now sitting at its lowest level in over three years. The decline mirrors its weakening role as the dominant Layer 1 amid competition from modular chains and faster execution environments. The downtrend has persisted despite active development across ETH staking and restaking ecosystems.
The chart trendline shows Ethereum’s market share peaked in mid-2024 before entering a sustained slide. Each minor recovery attempt was met with further downside pressure, suggesting exit flows and reduced participation. The trend indicates weakening confidence in ETH as a liquidity hub relative to BTC’s resilience.
Investors Reposition as BTC Strengthens
Bitcoin’s dominance curve has risen sharply since January, backed by steady inflows and increased trading activity. Ethereum’s trendline has moved inversely, showing a persistent drop in market share through Q1 and Q2 2025. The aggregated “Others” segment also shows a downward slope, dropping from 31.0% to 29.7%.
Moreover, the volume distribution suggests stronger liquidity consolidation around Bitcoin. Institutional interest, stable price action, and regulatory clarity are supporting BTC’s growing share. As of mid-April, Bitcoin outpaces Ethereum and all other altcoins in both dominance metrics and capital retention.
