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Bitcoin dominance drops below 60%, hinting at growing altcoin interest but no full altseason yet

Market News
26 Sep 2026, 08:37 WIB
Crypto Briefing
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Neutral
Bitcoin dominance drops below 60%, hinting at growing altcoin interest but no full altseason yet

Bitcoin's market dominance has fallen to 58.5%, breaking below the key 60% level, signaling a potential shift towards altcoins. Glassnode's Altcoin Cycle Signal surged to 81.25, indicating favorable conditions for altcoin gains, while the altcoin market cap rose about 33% since mid-August. However, the Altcoin Season Index remains neutral, suggesting altcoins have not yet broadly outperformed Bitcoin. Unlike previous cycles, institutional investment via Bitcoin ETFs may limit capital flowing into altcoins, making this cycle structurally different. Continued decline in Bitcoin dominance could strengthen altcoin momentum, but current gains reflect recovery rather than a full altseason.

Bitcoin dominance falling below 60% sets the stage for potential altcoin interest. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Sep 26, 2026 11:41 WIB: Among 50 major cryptocurrencies tradable on Pluang, 41 rose and 8 fell today. Notable gainers include FIL (Filecoin) up 5.88%, THETA (Theta Network) up 5.55%, and AXS (Axie Infinity) up 5.11%, with Pluang order activity favoring buys across these assets.

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