2025 Altseason? Altcoins are heating up after Bitcoin’s breakout to ~$120K. For example, Ethereum is up +170% from the recent lows and just ~23% from its ATH at $4,871. Here are 6 key charts showing this market shift 🧵
The hype kicked off on Ethereum, after SharpLink’s $1.3B investment. They now hold 438,190 ETH.
Several altcoins are rallying along while Bitcoin holds steady around ~$120K after its all-time high breakout. As a result, Bitcoin dominance is trending down.
Altcoins are seeing heavy trading. Altcoin and Ethereum futures volume surged to $223.6B, a 5-month high.
Meanwhile, Bitcoin trading volume on CEX is declining. Altcoins and ETH now make up 83% of total futures volume, with Bitcoin accounting for just 17%.
Retail investor demand is back on the rise. BTC transactions under $10K are up 9.7% in 30 days. A signal we've seen before major rallies on both Bitcoin and Altcoins.
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