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Bitcoin Dominance Reaches 59%, Sets Stage for "Explosive Phase"
ByAinvest
Tuesday, Oct 28, 2025 10:10 am ET1min read
Bitcoin's market dominance has risen to 59%, marking the start of an "explosive phase." Analyst Benjamin Cowen notes that historically, dominance bottoms in September before accelerating into year-end during bull markets. He dismisses fears of Fed rate cuts weakening Bitcoin's lead, citing past performance. Cowen sees a solid weekly close above key moving averages and bull market support bands, reinforcing the bullish structure. He warns that altcoin pairs could bleed as capital rotates back into Bitcoin in the cycle's final rotation.
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