Bitcoin dominance sits at 60.01%, signaling BTC continues to command the lion's share of crypto market capitalization. This metric measures Bitcoin's total market cap as a percentage of the entire crypto market. When dominance rises above 60%, it typically means capital is concentrating in Bitcoin rather than flowing into alternative assets — a classic "risk-off" posture where traders favor the proven store of value over speculative plays.

Historically, altcoin season ignites when BTC dominance breaks below 50-55% and sustains a downtrend. At current levels, we're not there yet. This suggests caution for aggressive altcoin allocation, though selective opportunities exist