Bitcoin Dominance Hits 61% as Altcoin Volumes Regain Momentum
Summary
Bitcoin dominance reached 61% in mid-April, marking its highest level since November 2025 as the asset continues to outperform the broader crypto market. Despite Bitcoin's strength, data from CryptoQuant and Binance indicate a growing recovery in altcoin interest, with altcoin trading volumes rising and a greater percentage of assets reclaiming their 200-day simple moving averages. Analysts suggest that while there is increased participation in altcoins, the current market shift remains moderate compared to previous rallies, and a full-scale 'AltSeason' has not yet been confirmed by the AltSeason Index.
(Source:Cointelegraph)