Crypto Market News Today, January 7: Altcoin Season Priming as Bitcoin Price Rallying and Dominance Dropping

As we see in the news, the crypto market is showing subtle shifts today. Bitcoin price is holding $92,500 level after running from low $87,000 to $94,000 earlier in the week. This is happening as Bitcoin dominance is slowly dropping, and the new season of altcoin run is becoming a topic of conversation yet again, quietly gaining bullish attention.

The signals are building as some indicators point to rotations where money could flow from Bitcoin into altcoins. Ethereum and major altcoins are seeing steady interest as dominance dips and investors are beginning to reposition. Patterns that usually precede altcoin season are starting to appear.

Bitcoin Price Stability and The Shapes of Crypto News Today

We all know it, Bitcoin price staying strong is important. It’s giving confidence for smaller assets to catch up when it’s sidelined. Crypto, apart from the bullish news, continues to show that sideways Bitcoin periods like today usually lead to altcoin rotation. At the same time, US stocks added almost $500 billion in value, which often spills over into crypto, and we in crypto are noticing.

🇺🇸 A TOTAL OF $500 BILLION HAS BEEN ADDED TO THE US STOCK MARKET TODAY.

BULLISH FOR CRYPTO !!! pic.twitter.com/Kd0aIjdl2N

— Ash Crypto (@AshCrypto) January 6, 2026

News is also coming from institutions moving with the SEC-approved Bitwise’s spot LINK crypto ETF today. This gives regulated exposure to Chainlink and adds weight to altcoins. After some big altcoins like ETH and SOL, this LINK approval really helps the market to understand alts’ value.

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Altcoin New Season: Coming Soon?

Technical indicators are lining up. The Alt/BTC monthly MACD turned bullish after nearly two years. Falling wedge patterns against Bitcoin are forming near resistance. Once the break, altcoin season could pick up. Growing trading volumes and Ethereum dominance are also blasting 12%, as ETH posts 10% gain this week, double that of Bitcoin.

(source – Ethereum Dominance, TradingView)

Bitcoin dominance is dropping to under 59% now as more capital is moving into altcoins, even if they use the altcoins’ chains to store stables. Some Altcoins’ charts show oversold RSI levels and early bullish crossovers. Not every coin will run, but selective altcoins with liquidity and real use cases are attracting attention.

Bitcoin price remains steady, but the rotation into altcoins is noticeable. Crypto market could be in transition and altcoin season could develop gradually through 2026, rewarding careful, selective investments.

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