Search results for Bitcoin Dominance
Crypto
Bitcoin acts as key anchor during crypto market correction
Bitcoin is emerging as a central pillar of stabilisation in the second-quarter cryptocurrency market, an analysis said. While prices remain in a narrow range, shifts in fund flows and key indicators suggest the market is building a bottom. Fidelity Digital Assets said the market is not simply bearish but in a correction accompanied by structural improvement. It cited easing downside momentum, stabilising unrealised profitability and steady or rising network use.
Crypto
Bitcoin dominance reclaims 60 percent, dimming expectations for a 2026 altcoin season
Bitcoin dominance climbed to 60.66 percent, weakening expectations of a fund rotation into altcoins. BeInCrypto reported that dominance broke above 60 percent last week, ending an eight-month accumulation phase. Charts show dominance testing resistance near 61 percent, with RSI and MACD indicating rising momentum. Some warn that a move above 61 percent or a rise to 66.06 percent could worsen pressure on altcoins. Analysts cited mixed signals for any altcoin season.
Crypto
Altcoin season scepticism spreads as major trader says 90 percent of market in downtrend
Scepticism about an altcoin season is spreading after a major trader placed a $1 million bet on further declines across altcoins. The trader, De Profit, built short positions spread across 100 altcoin names and said weakness could persist into 2026. He said at least 90 percent of the market was in a sustained downtrend and saw limited chances of a reversal, projecting potential profits if prices fall further.