Bitcoin dominance has weakened from around 60%, signaling a shift of capital into altcoins similar to past cycles in 2017 and 2021. This rotation suggests growing market participation beyond Bitcoin, with increased liquidity flowing into Ethereum, Solana, Ripple, and other altcoins. However, much of this activity is driven by leveraged trading rather than long-term spot buying, and Bitcoin still maintains strong market control. The market remains fragile, as a return of Bitcoin momentum could quickly pull liquidity back from altcoins to Bitcoin and stablecoins.
Citi has maintained a cautious outlook on Bitcoin despite a small sale by Strategy, a major corporate bitcoin holder, which was a routine tax move. The bank highlights that ETF flows, which account for about 45% of Bitcoin's weekly price changes, hav...
Bitcoin recently tested and defended the critical $64,000-$65,000 support zone following a sharp selloff that liquidated over $1.8 billion in positions. This support area has historically triggered strong rebounds, making it a key level for potential...
Bitcoin spot ETFs experienced a $519 million sell-off on Tuesday as Bitcoin's price dropped to $66,000, marking a significant outflow totaling $5 billion over the past month. Ethereum ETFs also saw $911.75 million in outflows over five weeks, with ma...
The prices of major cryptocurrencies including Bitcoin and Ethereum have declined, with Bitcoin dropping 2.83% to $67,062 and Ethereum falling 5.09% to $1,874.73. Other notable coins like Binance Coin and Solana also saw decreases, signaling a broad ...
Jamie Coutts, chief crypto analyst at Real Vision, predicts that Bitcoin, Ethereum, and Solana may no longer be the best crypto investments as capital shifts towards AI-integrated, privacy, and on-chain application protocols. He notes that while Bitc...
