Crypto Traders Shift to Risk-On Mode; Bitcoin Dominance Nears 60%

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October 2, 2026 · 1:16 PM

Crypto Traders Shift to Risk-On Mode; Bitcoin Dominance Nears 60%

TL;DR Bitcoin surpassed $86,000 with a 3.6% gain, and its dominance in the crypto market is approaching 60% for the first time in months. USDT’s market share fell to 6.3%, a signal that traders are exiting cash positions to take on more risk. Open interest in BTC rose to $22.4 billion and funding rates climbed ... Read more

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