Bitget CEO Gracy Chen says altseason is cancelled until further notice. | Credit: CCN. Key Takeaways Bitget CEO Gracy Chen says the 2025 “altseason” is effectively cancelled after the October 11 market crash. Investors are shifting from speculative altcoins to real-world, utility-backed projects. Chen believes the Digital Asset Treasury (DAT) bubble may also be nearing its end. The long-hyped altseason may not just be delayed — it might be dead altogether. According to Bitget CEO Gracy Chen, the ...

The long-awaited altseason is nowhere to be seen as market data reveals a clear rotation of capital back into Bitcoin . While analysts predict an eventual altcoin revival, ETF flows show that institutional and retail investors are focused more on BTC than altcoins. According to the data from CoinMarketCap, the dominance of Bitcoin has soared to 59.1% while the leading cryptocurrency has reclaimed the $111K price level, rebounding from weekly lows of $104K. Bitcoin ETFs Attract Inflows While Ethereum Blee ...