Altcoin Surge Takes the Spotlight as Bitcoin Holds Ground!
The global crypto market cap climbs 1.9% to $3.8T, with Ethereum, XRP, and Dogecoin leading the charge.
BTC remains steady near $114,700, testing major resistance.
ETH jumps to $3,684 +5.36%
XRP crosses the $3 mark +3.28%
DOGE spikes to $0.205 +3.45%
Market Insights:
Ethereum large transactions surged 3.97%
85,000+ traders liquidated, totaling $234M
Top gainers: Mantle, Litecoin, MemeCore
Analyst Take:
BTC may be peaking in its 60 day cycle, says Bob Loukas
Rekt Capital notes BTC reclaiming CME gap highs at $116K
Expect choppy action but bullish potential into late August
In the news:
ETH whale buys push holdings near 500K
French lawmakers eye nuclear powered BTC mining
Coinbase CEO fires back at UK ad ban
Vandalism on Satoshi’s statue sparks community outcry
While BTC consolidates, altcoins are seizing momentum. Will we see $120K soon or more sideways action?
DYOR