Bitcoin Dominance Retraces to 59.8% After 60% Peak as Price Holds Near $78K

Bitcoin dominance has dipped to ~59.8% after peaking at 60.10% on April 24, with price stabilizing in the $77,000–$78,500 range amid thin liquidity ($33,083 daily face value vs. $202 USDC). The rally started April 22 when dominance first hit 60.63% in 2026, driving BTC to $78,900 (up 3.3%), and closed at 60.66% on April 24 targeting the 66.06% cycle high. ETF inflows reached $2 billion in April, suppressing altcoins (Season Index ~41), but weak demand delays rotation despite overbought RSI signals.