Bitcoin dominance hits 61%, but THIS will decide when is altcoin season! - AMBCrypto
Bitcoin's market dominance has reached 61%, creating a critical juncture that will determine when altcoins can finally break out of their year-long slump.
Altcoins have been waiting for their moment all year, but Bitcoin keeps dominating the market. The cryptocurrency's market share has reached a critical 61% threshold, creating a pivotal moment that will determine who wins the next few weeks in the digital asset space.
Current market conditions
Coinglass's Altcoin Season Index currently reads at 42, well below the 75 threshold that typically signals an altcoin season. According to CryptoRank, Bitcoin has gained 16.6% over the last 90 days, outperforming most altcoins in the market.
Only 31 cryptocurrencies on CryptoRank's list have performed better than Bitcoin during this period. Among the top performers are Bitway (BTW) with a 220% increase, Quant (QNT) at 184%, Midnight Network (NIGHT) at 172%, and Raydium (RAY) at 152%. Stacks and NEAR Protocol also doubled in price.
Major altcoins lag behind
Despite some notable successes, many major altcoins have failed to keep pace with Bitcoin's performance. Solana (SOL) rose only 10%, Binance Coin (BNB) increased by 10.6%, and Chainlink (LINK) managed just 12% gains over the same 90-day period.
The dominance threshold
Bitcoin's dominance (BTC.D) currently stands at 60.9%, having been in a narrowing range for over a year. The top of this range has been declining since late 2025, while the bottom has been rising from around 57%.
Until then, the market should lie in wait. Altcoin holders will really want that rejection at the 61%-level though.
If Bitcoin's dominance breaks above 61.5%, it will likely maintain its lead and keep altcoins suppressed. However, if it diverges near 61%, altcoins could gain some breathing room. A drop below 58% would signal a significant shift toward Ethereum and the broader market.