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Bitcoin breaks $81K with 36% gain; altcoins show early signs of recovery amid rising BTC dominance.

Market News
06 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Bitcoin has surged about 36% since early February, breaking above $81,000 and pushing its market dominance past 61.3%, a level last seen in November 2025. This indicates strong investor preference for Bitcoin amid concentrated capital flows. Meanwhile, altcoins are showing early signs of stabilization, with 11.7% reclaiming their 200-day moving averages on Binance and trading volume share rising from 31% to 49% over two months. These trends suggest a gradual recovery in the broader crypto market, though full rotation back to altcoins is not yet confirmed.

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