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Bitcoin dominance nears 60% in early 2026, but altcoins show early signs of rally and capital rotation.

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

In early 2026, Bitcoin's market dominance approached 60%, fueled by ETF inflows and institutional buying, leading the crypto market largely on its own. However, recent on-chain data and trading volume trends indicate early signs of capital rotation into altcoins, with tokens like SOL and SUI posting double-digit gains. Key metrics such as MVRV and Profit/Loss Margin remain below previous cycle peaks, suggesting the current bull market may still have room to grow. Analysts are closely watching whether Bitcoin dominance will rebound or continue to decline, potentially signaling a broader altcoin rally ahead.

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