Interest in altcoins in the cryptocurrency market has fallen to its lowest level in 2 years, blockchain media outlet Cointelegraph reported on Wednesday.

Crypto sentiment analysis platform Santiment said mentions of altcoins on social media have plunged, underscoring a clear shift of investor focus toward bitcoin.

Altcoin social scores hit 750 when dogecoin (DOGE) surged 59 percent in 30 days in July 2025, but fell to 33 in the last week of February. Google Trends data showed a similar pattern, with searches for “altcoin” dropping to 4 points in late February from 100 in mid-August. Even so, Santiment argued that such an extreme drop in interest could be a signal of an altcoin rally. It said a lack of attention can be a strong buy signal.

Market indicators show the same trend. CoinMarketCap’s altcoin season index stood at 34 out of 100, signalling a “bitcoin season”. The index changes based on the performance of the top 100 altcoins versus bitcoin over the past 90 days. Total cryptocurrency market capitalisation has fallen 43 percent since October last year and is now about $2.45 trillion.

After U.S. President Donald Trump urged improvements to the structure of the cryptocurrency market, bitcoin jumped 7.51 percent over 24 hours. Michaël van de Poppe (미카엘 반 데 포페), founder of MN Trading Capital, said altcoin interest on social media hit a 24-month low, but altcoins are likely to draw attention again if bitcoin’s rise stalls.

Trump recently officially nominated Kevin Warsh as a candidate to chair the Federal Reserve. Warsh has previously spoken positively about bitcoin, drawing strong attention from the financial sector. A Senate vote schedule has not been set, but opposition from Democrats is expected.