Bitcoin trades around US$84,200 to US$84,550 on Monday, September 28, 2026. It is not exploding higher today. Most sources show a modest move, slightly up or down 0.2 per cent to 0.5 per cent, as it consolidates after last week’s sharp rally. The bigger picture is that Bitcoin has rebounded strongly from mid-September lows near […] The post Bitcoin dominance at 58.5% and the 55% line that still…
Bitcoin's dominance stands at 58.5%, with the market currently hovering around US$84,200 to US$84,550. The recent rally, driven by heavy ETF buying and institutional demand, has propelled Bitcoin to a 4% increase over the past week and a 40% rise for Q3. However, the broader picture suggests a transitional phase rather than the onset of a full altcoin season.
While altcoin breadth is improving, the key metric for declaring altseason—Bitcoin dominance dropping below 55%—has not yet been reached. The Altcoin Season Index remains below the 75% threshold typically required for altseason confirmation, hovering between 57 and 70.
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