#FOMCMeeting According to data from Coinmarketcap, at 8:00 AM on June 17, 2025 (Vietnam time), the price of Bitcoin is trading at 107,250 USD, up 1.69% in the past 24 hours. The trading volume of the largest market capitalization cryptocurrency is at 52.5 billion USD.

Latest data from CryptoQuant shows that long-term Bitcoin wallets are recording the highest net purchases in months.

According to on-chain analyst AltcoinGordon, this is a sign of a significant accumulation phase, which often occurs before strong price increases or reflects solid confidence in Bitcoin's long-term value.

The chart shows blue bars - indicating inflows to long-term wallets - skyrocketing, reinforcing investors' optimistic expectations.

While Bitcoin is being heavily accumulated, Bitcoin Dominance is also on a continuous upward trend, according to analysis from DaanCrypto.

This makes it difficult for altcoins to attract inflows. Many projects unlocking tokens and a lack of real demand from the spot market are causing altcoins to lose momentum.

Even last month's short squeeze on Ethereum was not enough to create a ripple effect.

Daan warns: "Most altcoins will underperform Bitcoin over the long term."

With increased buying power from long-term investors and Bitcoin increasingly dominating the market, the overall sentiment is clearly leaning towards Bitcoin.

Unless there is a significant boost in inflows or a change in market sentiment, altcoins will continue to face difficulties in the near future.

Investors are advised to be cautious when allocating capital to higher-risk assets such as altcoins.