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Bitcoin dominance rises to 58.6% as crypto market cap drops 4.3% amid altcoin sell-off.

Market News
10 Sep 2026, 11:00 WIB
The Currency Analytics
View Source
Bearish
Bitcoin dominance rises to 58.6% as crypto market cap drops 4.3% amid altcoin sell-off.

Bitcoin dominance has increased to 58.6% while the total cryptocurrency market capitalization fell by 4.3% to $2.67 trillion. This shift indicates investors are moving capital back into Bitcoin, seen as a safer asset, while altcoins face heavier selling pressure. The market shows real trading activity with $93 billion in 24-hour volume, and macroeconomic factors like rising US yields and a stronger dollar contribute to a risk-off sentiment. Bitcoin is consolidating near $78,000, with potential support at $64,432 if selling intensifies, signaling cautious investor behavior amid market volatility.

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