Cryptocurrency | Price (USDT) |
---|---|
BTC | $107248.0200000000 |
ETH | $2430.1580000000 |
BNB | $649.0797900000 |
XRP | $2.1841210000 |
ADA | $0.5613569000 |
SOL | $149.9001000000 |
DOGE | $N/A |
DOT | $3.3867000000 |
LTC | $86.3874000000 |
LINK | $13.2916500000 |
Category: CRYPTO NEWS
The post Analyst Suggests Altcoin Recovery May Follow Bitcoin’s Final Cycle Stage—Here’s Why appeared on BitcoinEthereumNews.com. Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin continues to showcase resilience in the current cryptocurrency market cycle, consistently setting new records while many altcoins remain below their previous peaks. Currently trading just above $104,000, Bitcoin has recently retraced from its all-time high above $111,000, set last month. Contrasting Bitcoin’s consistent growth, Ethereum and other prominent altcoins have yet to surpass historical highs that they reached several years ago, highlighting a notable divergence in market performance. This divergence has been a focal point among analysts, prompting a deeper examination of investor behavior and capital flows between Bitcoin and altcoins. Recent insights from CryptoQuant analyst Dan suggest that while Bitcoin remains dominant, the situation for altcoins might shift in the upcoming phase of the crypto market cycle. Related Reading Bitcoin Investor Behavior Suggests Potential Shift Ahead CryptoQuant analyst Crypto Dan recently explored the broader implications of this Bitcoin-dominated cycle in his market commentary. According to Dan’s analysis, previous market cycles typically saw a gradual reduction in mid-to-long-term Bitcoin holdings as investor capital redistributed into altcoins. Bitcoin realized caps. | Source: CryptoQuant This shift traditionally drove altcoins significantly higher, usually marking the late stages of a bullish cycle. However, this cycle exhibits a different pattern. Frequent minor corrections in Bitcoin’s price are followed by more significant and sharp downturns for altcoins, demonstrating persistent weakness. Crypto Dan notes that currently, very few altcoin investors have realized meaningful profits, an unusual circumstance compared to prior cycles. Related Reading Despite this…
2025-06-03T02:40:06+00:00