Bitcoin Dominance Tests 61% Breakout, and That's Bad News for Altcoins
Bitcoin dominance has climbed to 60.98%, its highest level since May 2026, as altcoins fall even faster.
Bitcoin dominance has climbed to 60.98%, its highest level since May 2026, as altcoins fall even faster.
The metric, which measures Bitcoin’s share of the total cryptocurrency market, has struggled to stay above 60.5% since August 2025.
Three separate attempts to reclaim that level have failed, but a technical picture is now changing.
The weekly Supertrend indicator has turned bullish for the first time since February 2025, and dominance has broken out of a months-long triangle pattern.
A weekly close above 61% would strengthen the bullish signal, potentially pushing dominance toward 62%.
Technical resistance and market signals
However, the daily chart shows dominance reaching the top of its rising channel, where previous rallies have struggled.
A rejection here could pull dominance back toward 60%, giving altcoins temporary relief.
The market is firmly in Bitcoin territory, as the Altcoin Season Index stands at just 39.
That means roughly one-third of the top 50 cryptocurrencies have outperformed Bitcoin over 90 days.
For an official altcoin season reading, that figure must reach 75%, and the 30-day index has fallen to 24.
Bitcoin fell 2%, yet its dominance increased. That means altcoins suffered even heavier losses.
Next step for traders
For traders, the next move is crucial. A sustained breakout above 61% could extend altcoin weakness.
A rejection followed by a drop below 60% would improve their chances of recovery.
Until then, the market continues to favor Bitcoin, even when Bitcoin itself is struggling.
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