‘98% of altcoins outperformed Bitcoin in the last 48 hours’ – Altcoin season underway?
2025-07-11 01:06:50
Main Idea
Altcoins have outperformed Bitcoin in the last 48 hours, signaling a potential mini altcoin season, while Bitcoin's dominance in the market shows signs of decline.
Key Points
1. 98% of altcoins outperformed Bitcoin over the last 48 hours, indicating a possible mini altcoin season.
2. Bitcoin's price remained stable between $110k and $112k, while the Altcoin Performance Index showed high volatility, a common trait of altcoin rallies.
3. ETF inflows surged, with BTC seeing $200M and ETH $211M, while SOL staking ETFs also gained traction.
4. Whales have been increasing their acquisitions compared to retail investors, suggesting a bullish market state.
5. Bitcoin's dominance in the market has been declining, dropping from 64%, leading to increased speculation on high-beta altcoins.
Description
Can the mini altcoin season be a precursor to a larger, more significant one?
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