When Bitcoin Reclaims the Throne: What 60% Dominance Really Means

Early November saw something interesting happen—Bitcoin’s market dominance punched through the 60% ceiling, a move that doesn’t come around every day. As altcoins stumbled during the broader market pullback, capital flowed back into BTC like water finding its level, settling the dominance back to around 59%.

Why this matters? When Bitcoin’s dominance climbs, it typically signals two things: either the market is risk-off (people running to safety) or we’re in a Bitcoin cycle where alts haven’t fired up yet. The 60% threshold is psychologically significant—it’s the point where Bitcoin’s gravitational pull starts reshaping the entire ecosystem.

If dominance stays above 55-60%, don’t expect massive alt season fireworks just yet. Watch this number like a compass—it tells you where the smart money is actually positioned.