TradingView Glitch Makes Bitcoin Dominance Appear to Collapse, Actual Figures Contradict

On Monday, TradingView showed Bitcoin's market share dropping from 60% to 24%, but this was a glitch caused by an error in the site's market total.

The technical glitch created the impression that a large altcoin rally was imminent. Altcoins are all cryptocurrencies other than Bitcoin (BTC), and their supporters were misled by the false data.

How a Broken Chart Appears as an Altcoin Boom

Bitcoin dominance measures Bitcoin's share of the total crypto market. When this figure declines, it often signals capital moving into other coins, a phase traders call altcoin season.

TradingView's market total is based on the 125 largest cryptocurrencies, according to its support page. Dominance is computed by dividing Bitcoin's value by this total.

On Monday, this total unexpectedly rose above $6 trillion. A larger base reduced Bitcoin's percentage, even though Bitcoin's price did not change.

"Are the parameters glitched, or are market makers hinting at a MASSIVE altseason?" Crypto Rover remarked.

What the Real Figures Indicate About Altcoins

CoinMarketCap still recorded Bitcoin dominance at 60.3%. Its Altcoin Season Index stood at 40 out of 100, while CoinGlass showed 44.

The index measures how many of the top 100 coins outperform Bitcoin over 90 days. A score of 75 is needed for altcoin season, and presently most altcoins are underperforming Bitcoin.

This is not a novel situation. BeInCrypto reported a year ago that dominance topped 60% when fewer than 5% of altcoins outperformed Bitcoin. Analysts were already divided on altcoin season months before.

When Will TradingView Correct the Error?

TradingView had not publicly addressed Monday's error by the time of publication. Its help page notes that a large coin entering or leaving the top 125 can cause a sudden spike in the total, but it is unverified if this happened.

what's going on with bitcoin dominance lol what kind of glitch is this?

tradingView is showing bitcoin:native dominance at 25%

is this a sign of the altcoin rally that's coming or what 🤣 pic.twitter.com/T6VRcxO5lE

— Endlessq (@endlessq1) November 9, 2026

The same help page indicates that large spikes can be manually smoothed out later. Until that happens, viral social media posts question if altcoin season has arrived, but the index designed to answer that query says it has not.