Bitcoin Dominance Hits 64%: The K-Shaped Recovery That Is Killing Altcoins
The crypto market used to move as one. Bitcoin would rally, and within weeks a rising tide would lift thousands of altcoins in a euphoric wave traders called "altseason." That playbook is now broken. In March 2026, Bitcoin dominance has climbed past 64%, the CMC Altcoin Season Index sits at a bleak 35 out of 100, and nearly 90% of top altcoins remain well below their all-time highs. Welcome to the K-shaped crypto market — where Bitcoin ascends on institutional rails while the long tail of tokens slowly suffocates.