Well, isnât this a plot twist? After spiraling down thanks to the delightful mess of geopolitics (cheers, world leaders), Bitcoin (BTC) and Ether (ETH) did what most of us do after a rough weekendâclimbed out of bed, brushed off last weekâs drama, and tried very hard to look like they had everything sorted. Spoiler: BTC looked a lot better than ETH, which, honestly, is kind of relatable.
The weekly Binance reportâthink of it as Netflixâs âpreviously onâ for cryptoânotes that Bitcoin lost a smidge (thatâs a technical term) of dominance. Donât get too excited, though; itâs not altcoin springtime just yet, unless your idea of an âaltseasonâ is migrating your Altcoins into existential crisis chats.
Bouncing Back (Sort Of)
Binance muses that the marketâs affection for Bitcoin, even in a world that feels like the set of a dystopian miniseries, might mean weâre shifting back to ârisk assets.â Yes, traditional assets joined the recovery party. Itâs almost like everyone realized, all at once, that green charts look much prettier than red ones. Bitcoin even flexed its muscles up to $107,000âafter a quick self-esteem dip to $98,000. Cue the Rocky montage music.
ETH tried to keep up but, honestly, its performance was about as convincing as me saying âIâm fineâ on a Monday morning. ETH wrapped up the week limping behind its own starting line, failing the hedge asset audition spectacularly: closing at $2,480 after an alarming nose-dive to $2,130. Poor thing just wants a nap.
âWhile it remains uncertain whether Bitcoin will sustain its outperformance following this weekendâs events, its strong initial recovery may signal market expectations for a continued upward trend in the largest cryptocurrency. Bitcoin dominance remains elevated at ~66%,â Binance offered, balancing optimism with the kind of cautious tone you use when texting your ex.
Visions of Altseason: RIP?
As BTC and ETH wall-sit awkwardly above their âsupport zonesâ like two gym bros avoiding leg day, everyone with bags of obscure tokens is desperately asking, is it altseason yet? (Spoiler: No, Karen. Not unless you count new meme coins as a rally.)
The boring but painful history: genuine altseason only arrives after a big BTC rally gets tired and needs a sit-down. Thatâs supposed to be when risky little altcoins have their fifteen minutes of chaos. Thereâs always an exciting new narrativeâICOs, then DeFi, then whatever Judge Judy would call Layer-2 solutions. This round? Weâre getting meme coins, BitcoinFi (cool name, what does it do again?), and DePIN (which, letâs face it, sounds like a laundry detergent).
The twist: Everyoneâs launching coins. Itâs not altseason, itâs a yard sale. Even if people dump fresh money in, it gets spread so thin youâd miss it entirely unless you had a microscope and the patience of a saint. If youâre waiting for fireworks, youâll need more than snazzy buzzwordsâtry an actual market catalyst, or perhaps a miracle. Maybe even call Fleabag for advice.
And as the curtains fall, remember: the only thing truly dominant right now is confusion. đż
Read More
- Red Samuraiâs True Identity in Death Stranding 2 Revealed by Kojimaâs cryptic post
- Top 8 UFC 5 Perks Every Fighter Should Use
- Tainted Grail: How To Find Robbieâs Grave
- Find All 13 Bromides in Lunar Remastered Collection!
- Pokemon GO: How To Get Crowned Sword Zacian & Shield Zamazenta (Can They Be Shiny)
- How to Use Glowshard in Deltarune
- USD ILS PREDICTION
- Whatâs the Switch 2 Battery Life? (& How to Improve It)
- Super Cube: The Breakout Chinese Anime of 2025
- Top 7 Tifa Mods for Final Fantasy 7 Rebirth
2025-06-29 16:47