For the First Time in Two Years, More Money Is Trading Ethereum Than Bitcoin
- Altcoins outpace Bitcoin as open interest hits record $45B amid rising leverage
- Bitcoin stalls below resistance while liquidity risk looms near $115.6K support
- Regulatory clarity under Trump boosts altcoin sentiment and institutional inflows
The cryptocurrency market is currently at a tipping point, with altcoins showing remarkable momentum while Bitcoin remains locked in a narrow range. Despite Bitcoin’s recent attempts to break higher, the flagship asset has struggled to overcome critical resistance levels.
At the same time, alternative cryptocurrencies are pushing ahead, fueled by investor enthusiasm, growing leverage, and shifting sentiment. This divergence has triggered a new phase of market dynamics, where altcoins now lead the rally, leaving Bitcoin in temporary uncertainty.
Bitcoin is stuck in a high-stakes range
According to analyst Michaël van de Poppe, Bitcoin remains stuck between approximately $115.6K and $119.5K. The repeated failure to break above resistance suggests growing indecision. A move above the upper boundary could signal the start of a bullish continuation, possibly setting up a test of a new all-time high.
However, failur…
The post For the First Time in Two Years, More Money Is Trading Ethereum Than Bitcoin appeared first on Coin Edition.
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For the First Time in Two Years, More Money Is Trading Ethereum Than Bitcoin
- Altcoins outpace Bitcoin as open interest hits record $45B amid rising leverage
- Bitcoin stalls below resistance while liquidity risk looms near $115.6K support
- Regulatory clarity under Trump boosts altcoin sentiment and institutional inflows
The cryptocurrency market is currently at a tipping point, with altcoins showing remarkable momentum while Bitcoin remains locked in a narrow range. Despite Bitcoin’s recent attempts to break higher, the flagship asset has struggled to overcome critical resistance levels.
At the same time, alternative cryptocurrencies are pushing ahead, fueled by investor enthusiasm, growing leverage, and shifting sentiment. This divergence has triggered a new phase of market dynamics, where altcoins now lead the rally, leaving Bitcoin in temporary uncertainty.
Bitcoin is stuck in a high-stakes range
According to analyst Michaël van de Poppe, Bitcoin remains stuck between approximately $115.6K and $119.5K. The repeated failure to break above resistance suggests growing indecision. A move above the upper boundary could signal the start of a bullish continuation, possibly setting up a test of a new all-time high.
However, failur…
The post For the First Time in Two Years, More Money Is Trading Ethereum Than Bitcoin appeared first on Coin Edition.
Read More