Bitcoin approaches a new all-time high as altcoins like $ETH , $DOGE , $PEPE , and ATON surge
Bitcoin is just 5% away from its all-time high, and bulls are optimistic that it will surpass it this week. The leading cryptocurrency decisively broke the psychological barrier of 100,000 USD, supported by strong inflows to BlackRock's spot ETF (IBIT), which has seen 19 consecutive days of purchases, according to Farside Investors.
But it's not just BTC that's on the move. ETH, DOGE, PEPE, and ATOM have also shown strength, sparking a debate about whether we are entering a new altcoin season. Some analysts are optimistic about the coming months, while others still consider it premature, as many altcoins remain far from their all-time highs.
Do you think BTC will break its all-time high this week? And will the altcoins follow?