According to Gregory Mall, Chief Investment Officer at Lionsoul Global, Bitcoin (BTC) recently hit a new all-time high on May 22, surpassing previous peaks despite low trading volumes and market skepticism (Source: Lionsoul Global Report). This rally, driven by central bank optimism, $16 billion in spot BTC ETF inflows year-to-date, and easing political risks, has pushed BTC dominance above 54%, up from 38% in late 2022 (Source: TradingView). Historically, such dominance peaks precede altcoin rallies, with Ethereum (ETH) already showing an 81% surge since April lows and Solana (SOL) gaining traction (Source: Lionsoul Global Report). Traders should watch for potential market rotation, as institutional interest broadens to Layer 1s and DeFi, with total value locked in DeFi protocols hitting $117 billion by early June 2025 (Source: DeFiLlama). However, caution is advised due to global economic fragility highlighted in the latest OECD report, which could trigger sell-offs in risk assets like crypto (Source: OECD Report).