Bitcoin price excitement is fading as altcoins become crypto traders’ new target. Is BTC due for a deeper correction?
Fusaka hard fork’s next devnet will go live on Wednesday. The first public testnet is scheduled to launch in late September.
Bitcoin and Ether traders are eyeing price milestones into the weekly close, with a resistance trend line keeping BTC bulls from heading to all-time highs.
James Wynn has opened high-risk leveraged trades on Ether and PEPE worth over $23 million after a $536,000 USDC deposit into Hyperliquid.
The line between a central bank digital currency and a centrally-managed, government-regulated stablecoin is thin, critics argue.
Multiple chart technicals and indicators suggest that XRP price has the potential to stage a parabolic rally over the next few weeks.
Ether is punishing shorts already, but another 10% ETH price upside will liquidate $1 billion, helping cement $4,000 in the process.
The lack of yield-bearing options for US-regulated stablecoins under the GENIUS bill will drive investors to search for interest elsewhere, analysts said.
Bitcoin testing underlying support, and the potential start of an altcoin season have traders focusing on XLM, LTC, ETC and BNB.
XLM is gaining momentum with an 87% weekly rally, strong buyers’ interest, and bullish technicals pointing toward a breakout past its all-time highs in 2025.