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Altcoin losses deepen as Bitcoin dominance hits 14-month high at 60.77%.

Market News
19 Oct 2026
AMBCrypto
View Source
Bearish
Altcoin losses deepen as Bitcoin dominance hits 14-month high at 60.77%.

Altcoins are facing increased selling pressure, with 42.4% of Binance-listed tokens now trading below their 200-day moving averages, signaling fading momentum. Over the weekend, the median top-500 altcoin dropped 5.8%, reflecting a shift in investor behavior away from riskier assets. Meanwhile, Bitcoin's dominance in the crypto market surged to 60.77%, the highest in 14 months, as investors rotate capital back to Bitcoin amid concerns over equities and speculative investments. This trend suggests altcoins may struggle to recover unless demand and market participation improve significantly.

Bitcoin trades at Rp1.480.414.618 on Pluang as of Oct 20, 2026 05:22 WIB, showing a 1.33% gain in the last day. This price strength coincides with Bitcoin's rising market dominance, which the article notes has reached a 14-month high. Despite this, Pluang order activity reveals a cautious market with 56% of orders selling Bitcoin and a typical hold time of 112 days, indicating some investors are locking in profits amid shifting interest away from altcoins.

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