Latest news with #BTC.D
Business Mayor
16-05-2025
- Business
- Business Mayor
Ethereum rallies, Bitcoin stalls: Is capital rotation reshaping the crypto landscape?
Ethereum has surged with force. Meanwhile, Bitcoin's dominance has reversed sharply. Capital rotation appears to be in play. The race to the top is heating up — and it's not another altcoin frenzy. Instead, it's a top- tier face- off between the two largest crypto assets. Ethereum [ETH] is ripping higher, clocking nearly +50% ROI in under a month, tagging $2,616 at press time. Momentum's aggressive, and bulls are clearly in control. Meanwhile, Bitcoin Dominance [BTC.D] has taken a sharp U-turn from its recent 65% high. BTC itself is stalling, delivering muted weekly returns — not what you'd expect at six figures. Consequently, the rotation narrative is gaining steam. Investors are tactically reallocating, and ETH's relative strength is impossible to ignore. Strategically, all eyes are on: Whether ETH can outmuscle BTC in this leg of the cycle. Tactical tilt in play as capital rotates Roughly a week ago, Ethereum's breakout from $1,800 hit a wall. As price wicked into $2,597, AMBCrypto flagged a sharp long liquidity sweep, with 300,000 ETH dumped into strength. But the rejection wasn't a reversal — it was a reset. On the 8th of May, Bitcoin Dominance [BTC.D] tapped out at 65.34% before rolling over, dropping 3% in the days that followed. Meanwhile, Ethereum Dominance [ETH.D] surged 3%, tagging 9.75% — a clean divergence. Source: TradingView (BTC.D) The result? ETH bulldozed through the $2,600 supply wall and flipped the level with conviction. In short, it was a textbook case of strategic rotation in motion. With over 60%+ ROI in just weeks, Ethereum is delivering asymmetric upside. Consequently, investors are rotating aggressively to capture it. Read More XRP sees notable capital inflow but can the bulls break $0.55? Ethereum front-runs resistance as Bitcoin holds back Beyond rotational capital, even smart money is capitalizing on Ethereum's momentum. Abraxas Capital, a heavyweight in the game, has been loading up: 242,652 ETH added to the bags over the past week, totaling a massive $561 million. That pegs their average entry at approximately $2,312. Clearly, a well-calculated strike well below the current spot, putting them on a sizable $76 million+ in unrealized gains. So, with smart capital and solid bid support aligning , ETH's primed to break $3k and potentially front-run BTC's stubborn $106k resistance. But keep an eye out. This rotational dance can flip on a dime. The ETH/BTC SOPR has flipped above 1 for the first time since the 5th of January. Hence, signaling fresh profit-taking on the ETH-BTC pair. Source: Glassnode Back then, that signal unleashed an 8.3% bearish engulfing candle on ETH, triggering a textbook long liquidity sweep that shook out weak hands and ignited cascading stops. Bottom line? The battle for crypto dominance is heating up, and Ethereum is dominating — for now.
Yahoo
13-05-2025
- Business
- Yahoo
XRP overtakes Tether, analyst says it could hit $10 in 2025
XRP has officially overtaken Tether (USDt) to become the third-largest cryptocurrency by market cap, now valued at over $151 billion. This milestone comes as XRP continues its strong bull run, with the token trading at $2.59, up 10.2% in the last 24 hours and 22.4% over the past week, according to Kraken's price feed. Now, one crypto analyst believes XRP's rally is only getting started — and that the price could climb to $10 or more in 2025. Crypto analyst Edo Farina shared his bullish take on X (formerly Twitter), pointing to several key factors behind his price projection. One of the biggest catalysts, according to Farina, is Bitcoin Dominance (BTC.D) — a metric that tracks how much of the total crypto market belongs to Bitcoin. He notes that when BTC.D drops, it often signals the start of an altcoin season, which could push XRP and other tokens higher. Another major factor is the regulatory clarity Ripple now enjoys in the U.S. after resolving its long-running lawsuit with the SEC. Farina argues that XRP must become central to global payments and real-world asset (RWA) tokenization. Ripple is already making moves in that direction — reportedly contributing to the digital Euro rollout and acquiring key players like Hidden Road, with potential talks around buying Circle, the issuer of USDC. Another potential game-changer? XRP ETFs. If the SEC approves exchange-traded funds for XRP, Farina believes demand could explode. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Mayor
11-05-2025
- Business
- Business Mayor
Crypto Analyst Says 'Altseason Is Dawning' As Bitcoin Dominance Reaches HTF Resistance, What To Expect
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin Dominance (BTC.D) has made an unexpected climb into a historically strong resistance zone, now hovering near the 64.7% mark in the High Time Frame (HTF). This sharp move has sparked considerable interest among analysts and traders, with key technical indicators and chart formations suggesting a potential turning point that could usher in the long-awaited 2025 altcoin season . Bitcoin Dominance Faces HTF Resistance The Bitcoin Dominance has been steadily climbing for almost 3 years, underscoring the flagship cryptocurrency's enduring influence over the broader market. Notably, crypto analyst Gert van Lagen has unveiled an unexpected uptick in BTC.D. The analyst shared a technical chart analysis of Bitcoin Dominance, highlighting a confluence of bearish signals that mirror the 2021 market cycle — a period that led to a dramatic shift in capital from BTC to alternative cryptocurrencies. The analyst has pointed out that Bitcoin Dominance has now reached a key HTF resistance zone of around 64%-76 %. The current chart also shows a rising wedge pattern, a typical indicator of market exhaustion before a potential trend reversal. This crucial wedge pattern has formed within the same HTF resistance zone where BTC.D topped out in past cycles, including the 2021 peak. Source: Gert van Lagen on X Adding to the bearish outlook, the Relative Strength Index (RSI) is flashing a regular bearish divergence. While Bitcoin Dominance is pushing higher, RSI is failing to do the same, indicating weakening momentum. A similar setup occurred in 2021, where exaggerated bearish divergence foreshadowed the eventual breakdown of BTC.D and paved the way for an altseason . Read More What to expect as Avalanche retests June lows If history is any guide, the market could be approaching another inflection point. As in the last cycle, Lagen believes that the actual top in Bitcoin Dominance might not be confirmed until the uptrend structure breaks — a move that would likely shift attention to altcoins. Expanding on the Bitcoin Dominance recent rise, other analysts like Ijaz Awan on X disclosed that BTC.D is currently approaching a major resistance zone between 71.38% and 73.06%. The analyst highlights that this area has been a strong turning point in the past , acting as a top back in 2017, 2019 and 2021. With Bitcoin Dominance nearing past peaks, the analyst predicts a potential start of the altcoin season. Is The Altcoin Season Really Coming? In his post, Lagen concluded his analysis by stating that the altcoin season is dawning. Other prominent analysts share this view, believing that Bitcoin's Dominance serves as a key indicator of an impending altcoin season. Notably, Karman Asghar, a crypto trader and analyst, confirmed in an X post that a new altcoin season is brewing in 2025 as the Bitcoin Dominance chart flashes familiar warning signs. The analyst shared two parallel charts, comparing similar Bitcoin Dominance in 2021 and 2025 . Both charts displayed BTC.D forming a double top, with a clear bearish RSI divergence. While the bearish RSI divergence isn't a guaranteed trigger, its recurrence combined with historical market behaviour gives credibility to the idea that the market may be on the brink of another major altcoin season. Overall market cap excluding BTC at $1.03 trillion | Source: TOTAL2 on Featured image from Unsplash, chart from
