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Bitcoin

Bitcoin dominance in the crypto market hits 60% as BTC slips below $82,000

Image: The Cryptonomist

Bitcoin’s dominance in the crypto market reached 60% on October 21, its highest level since May 2026—even as its own price struggled to hold gains. The growing share of total digital-asset value pointed to a preference for BTC over altcoins, while smaller tokens suffered sharper declines and exchange-traded fund flows remained uneven. Key takeaways Bitcoin’s market share hit its highest level since May 2026. Smaller-token indexes lost ground while most major coins held steadier. Giottus CEO Vikram Subburaj urged restraint amid inconsistent ETF demand. Bitcoin’s crypto market dominance rises as its price retreats Bitcoin ’s larger share of the crypto market did not come with a sustained price rally. BTC fell below $82,000 on October 22, reversing a brief move above $84,000 the previous day.

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