This month, bitcoin rocketed past $120,000 to a record high, making spot and derivatives markets buzz with action. Binance stole the spotlight, leading the charge in both bitcoin and altcoin trades, Cryptoquant figures reveal. Bitcoin’s All-Time High Ignites Exchange Battle, Binance Pulls Ahead Spot trading really heated up on July 13 and July 14 as […] Original
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Altcoin season may be underway as institutional capital flows into ether and other major L1s. Regulatory clarity and exchange-traded fund (ETF) momentum are fueling renewed interest, with ETH leading across key market indicators. Altcoin Season Awakens: Institutional Money Moves Into ETH, SOL, and XRP The crypto market may be entering a new phase, with altcoin […] Source BitcoincryptoexchangeExchanges CryptoX Portal
According to crypto data provider Coinmarketcap, altcoin season starts when 75% of the top 100 tokens outperform bitcoin over a three-month stretch. Is Altcoin Season Here? Bitcoin’s Market Share Slips When a token representing a family of digital collectibles named “Pudgy Penguins” (PENGU) outperforms bitcoin ( BTC) seventeen-fold, it’s safe to say altcoin season has […] Original
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Just four days ago, the Altcoin Season Index (ASI) hovered at a modest 39, and as of today, it has climbed even higher to a score of 51 out of a possible 100. For altcoin season to truly kick off, the ASI needs to soar past the 75 mark, so this recent ascent indicates it’s […] Source CryptoX Portal
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According to an on-chain analyst on X, Bitcoin has decoupled from other cryptocurrencies or altcoins, which could lead to a severe price downturn within the market over the next day. Why Traders Should Brace For Impact In a July 18 post on the social media platform X, Joao Wedson, founder of crypto analytics firm Alphractal, reported that the Bitcoin price might witness a significant drop over the next day. The crypto analyst based his conclusion on multiple results obtained from on-chain analysis using three major metrics. Related Reading First, Wedson…