‘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?
Latest News
- VIRTUAL soars 14% – These TWO levels could define its next move2025-07-11 11:04:03
- Moo Deng’s birthday pushes crypto up 15% – Is $0.3 next?2025-07-11 09:13:42
- Bitcoin hits new ATH of $118K – Can 2025 take BTC’s price to $150K?2025-07-11 08:05:43
- Stellar [XLM] – Here’s what traders should look for after $0.302025-07-11 08:03:29
- Hyperliquid to onboard 10M Phantom users – Will HYPE hit $120 now?2025-07-11 07:21:35