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  • Bitcoin drops to $111K as post-Jackson Hole bounce fades

    Bitcoin drops to $111K as post-Jackson Hole bounce fades

    Bitcoin Price

    • Bitcoin price has dropped to lows of $110,956 as gains seen on Friday disappear.
    • The downturn has accelerated amid the BTC sell-off and decline in dominance.
    • Analysts say Bitcoin can extend losses below $110k amid wider fall.

    Bitcoin’s downturn since the brief surge post Federal Reserve chair Jerome Powell’s speech at Jackson Hole on Friday has extended to below $111k.

    The benchmark digital asset has slipped more than 3% to drop to lows of $110,956 across major exchanges, with BTC struggling as the bounce that followed Powell’s comments on cryptocurrency quickly fades.

    Bitcoin’s dominance was also falling sharply, down to around 57%.

    Analysts remain bullish, but could Bitcoin price drop below $110k and trigger further losses?

    Bitcoin extends dip to $111k

    Cryptocurrencies spiked on Friday as risk assets exploded amid comments by Powell that the central bank could consider cutting rates sooner.

    However, the brief rally that followed the Jackson Hole economic symposium has since swiftly unravelled, with Bitcoin plummeting to touch lows of $110k.

    On Aug. 22, BTC saw an intraday peak of $117k – up from lows of $113k earlier in the day.

    According to QCP, the downturn to current prices comes as an early whale offloaded a substantial $2.7 billion in BTC.

    This rapid sell-off has accelerated a dip in BTC dominance, which hovers around 57%.

    Meanwhile, Bitcoin’s weakness has been evidenced by a dip in spot exchange-traded funds (ETFs) flows, with six consecutive sessions of outflows putting bulls under pressure.

    What next for BTC? Analysts’ take

    Bitcoin’s long-term trajectory remains largely bullish, and a bounce to the all-time high above $124k is not an impossibility.

    However, analysts at Glassnode are pointing to a short-term downside arc.

    Particularly, all Bitcoin cohorts, with those in the 10- 100 BTC group biggest sellers, are in a distribution phase.

    Increased selling could be bad news for bulls as a breakdown below $110k could ensue.

    But despite this outlook, analysts at QCP Group maintain that Bitcoin is bullish.

    The analysts say that despite the current sell-off, buyers can easily absorb the pressure as happened in July.

    With BTC dominance slipping, it is Ethereum that may benefit, the analysts said.

    “BTC dominance slipped from 60% to 57%. Still above the sub-50% levels of 2021, but enough to fuel speculation that whales expect $ETH to outperform, especially if ETH staking ETFs secure approval later this year,” QCP noted.

    Bitcoin price currently hovers around $111,200, bouncing off lows last seen in early July. Investors will be watching that $110k level as well as broader market conditions.

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  • Ontology price skyrockets 55% to hit six-month high

    Ontology price skyrockets 55% to hit six-month high

    • Ontology price rose more than 50% to lead the top gainers across crypto.
    • The altcoin gained as Bitcoin and Ethereum dropped, with the ONT price hitting a six-month high.
    • ONT could retreat amid profit-taking.

    Ontology has defied broader crypto dumping to skyrocket more than 55% to highs near $0.22, hitting its highest level in six months.

    The uptick for Ontology (ONT) comes as the cryptocurrency market witnesses a significant uptick in sell-off pressure, with Bitcoin dropping to under $112k and Ethereum giving up gains after a new all-time high.

    But as these top headline makers struggle, ONT is grabbing most attention amid its 55% price surge.

    Ontology price spikes 55% to 6-month high

    Ontology (ONT) has seen a remarkable 55% price surge, reaching an intraday peak of near $0.22, its highest level in six months.

    The altcoin traded at lows of $0.13 in the morning session, but marched higher to reach levels seen at the start of February 2025.

    With trading volume soaring by over 4,600% to more than $337 million, Ontology price stands out as one of the outperformers on the day.

    As BTC and ETH pare gains, Ontology’s 24-hour gains come amid heightened activity around the decentralised identity protocol’s native token.

    Mainstream adoption of artificial intelligence and blockchain has Ontology’s infrastructure for decentralised identity and data privacy, drawing significant interest.

    The project’s focus on regulatory compliance for digital identity solutions and blockchain interoperability is a key cog in its adoption curve.

    Analysts predict ONT could benefit from this outlook to target more gains.

    Ontology price forecast: What’s the technical picture?

    The price of Ontology breaking out as the rest of the market fights to hold onto recent gains suggests holders may have to deal with incoming downside pressure.

    ONT going vertical will welcome a pullback, likely to a demand reload zone.

    However, open interest in ONT has increased by over 617% to nearly $60 million.

    This indicates trader confidence and speculative interest amid the token’s upward trajectory.

    Ontology’s price outlook as open interest rises, combined with high trading volumes, suggests a potential bullish continuation.

    Ontology Price Chart
    ONT price chart by TradingView

    From a technical perspective, ONT is trading Relative Strength Index (RSI) on the daily chart at 81.

    RSI at these levels shows the asset firmly in the overbought territory and thus leaning toward a reversal.

    The Moving Average Convergence Divergence (MACD), however, shows a bullish crossover, indicating bulls have the upper hand and that a sustained rally may yet unfold if a retest allows buyers to establish a footing at key support levels.

    On the daily chart, these areas lie around $0.20 and $0.17.

    On the flipside, a break above $0.27 will allow buyers to aim for $0.40.

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  • What sparked the sudden crypto market surge?

    What sparked the sudden crypto market surge?

    What sparked the sudden crypto market surge?

    • Crypto market cap has rebounded above $4T after Fed rate-cut signals.
    • Bitcoin reserve proposals boost confidence in digital assets.
    • Ethereum and Chainlink lead altcoin rally with double-digit gains.

    The cryptocurrency market has staged a remarkable rebound, with total market capitalisation climbing more than 5% in the past 24 hours to reclaim the $4.01 trillion level.

    Ethereum (ETH) has emerged as the standout performer among the top ten digital assets by market cap, soaring by 13.12%.

    Chainlink (LINK) has also drawn attention with a rise of 10.37%, showing strong investor appetite for altcoins as momentum builds across the sector.

    Fed shift fuels optimism

    One of the biggest drivers behind the surge came from comments by US Federal Reserve Chair Jerome Powell at the Jackson Hole symposium.

    Powell signalled that economic conditions may justify an interest-rate cut in September, reversing the hawkish stance that had weighed on markets for months.

    Traders quickly interpreted this as a dovish pivot, sparking renewed appetite for risk assets.

    Bitcoin (BTC) surged from local lows of $111,658 to above $116,000 within minutes of Powell’s remarks, setting the tone for the broader crypto market.

    Lower interest rates generally encourage investors to move capital into higher-yielding assets, and cryptocurrencies are often prime beneficiaries of such flows.

    The dollar weakened on Powell’s comments, adding to bullish sentiment across digital markets.

    This macro backdrop provided the ideal setup for both Bitcoin and altcoins to rally in tandem, lifting total market capitalisation firmly back into the $4 trillion range.

    Bitcoin reserves narrative builds

    Another key factor has been the growing momentum around the idea of governments holding Bitcoin as a strategic reserve.

    Most recently, the Philippines has introduced a bill to create a Bitcoin reserve, following similar proposals in the United States.

    This development reinforced the narrative of Bitcoin’s institutional role in global finance and gave investors another reason to build exposure.

    Market observers note that such proposals carry symbolic weight, even before they become policy.

    They demonstrate that Bitcoin is increasingly being viewed not just as a speculative asset but as part of a broader macroeconomic conversation.

    This narrative helped underpin the recovery in Bitcoin’s price while supporting the rally in altcoins tied to sovereign and institutional themes.

    Altcoins take the spotlight

    While Bitcoin’s rebound grabbed headlines, much of the excitement has come from the altcoin space.

    The Altcoin Season Index has climbed sharply, reflecting a rotation of capital from Bitcoin into higher-beta assets.

    ETH has broken through key resistance levels, while the likes of LINK have posted impressive gains.

    Solana (SOL) and Binance Coin (BNB) have also posted strong gains, with traders positioning for extended rallies if momentum continues.

    This rotation indicates a willingness among investors to take on more risk, a trend often seen during bullish phases of the market.

    Although derivatives open interest has fallen, suggesting cautious leverage, spot buying has remained robust.

    The move into altcoins highlights growing confidence that the rally is not confined to Bitcoin alone but is part of a broader recovery story.

    Crypto market outlook

    The sharp recovery in the crypto market underscores how sensitive digital assets remain to global economic cues.

    Powell’s dovish shift, coupled with rising momentum behind Bitcoin’s reserve narrative, created the perfect storm for a swift surge.

    The alignment with equity markets, particularly the Nasdaq-100, further amplified the move, as correlations between crypto and traditional risk assets strengthened.

    For now, the return of the market cap above $4 trillion offers a strong signal of resilience. With altcoins leading gains, investors are watching closely to see whether the rally extends or faces resistance at higher levels.

    However, much will depend on whether the Fed follows through with an actual rate cut in September and whether the Bitcoin reserve debate gains traction in the coming weeks.

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  • INJ price eyes $20 as Republic expands RWA with Injective

    INJ price eyes $20 as Republic expands RWA with Injective

    Injective Bulls Take On Bears

    • Injective (INJ) price outlook as Republic expands RWA integration with Injective.
    • The INJ token trades around $13.38 after dipping from highs of $16 amid crypto sell-off.
    • ETF anticipation, tokenization growth and other catalysts may help INJ bulls.

    Injective price hovers around $13.38 on Thursday evening, about 3% down in the past 24 hours and over 12% down in the past week, but could Injective’s integration with Republic help INJ price bounce to $20?

    Over the past week, Injective has dipped from highs of $16, with sell-off pressure across the market adding to the declines.

    This is despite the finance-focused layer 1 blockchain’s notable milestones across the ecosystem.

    Now with Republic, a leading tokenized investments platform, bulls may fancy higher marks if markets flip bullish.

    Injective integrates with Republic

    While the crypto market bleeds, platforms are taking time to build.

    Integrations are among the critical elements, and Injective has added to this with its official integration with Republic.

    The platforms announced the collaboration on Aug. 21 and aim to bring Injective’s Layer 1 ecosystem into Republic’s on-chain investment infrastructure.

    Specifically, the goal is to enable Injective-based projects to fundraise via Republic’s Launchpad, utilize Republic Wallet for asset management, and benefit from Republic’s validator support.

    Why is this integration notable?

    Republic and Injective are building on an earlier collaboration that saw Republic become an INJ validator.

    However, and notably, the integration is a step forward in expanding private markets on-chain.

    “With 3 million+ community members across 150+ countries and a portfolio that includes 27 unicorns such as SpaceX, Robinhood, Carta, and Dapper Labs, Republic’s integration with Injective represents a pivotal moment in bridging traditional finance with onchain innovation,” Injective wrote.

    INJ price outlook: Can bulls reclaim $30?

    The technical outlook for INJ is leaning bearish in the short term, with RSI and MACD both handing bears the upper hand.

    Currently trading near $13 means the Injective price is closer to the lows of $6.90 seen in April 2025 than the recent peak of $34 hit in December 2024.

    The sell-off that has hit Bitcoin and altcoins does not help bulls.

    Injective price chart from CoinMarketCap

    However, if sentiment flips, a breakout to $20 could allow bulls to target the $30 level.

    Other than the Republic integration, other significant upward drivers will be overall institutional interest and demand amid tokenization and real-world assets.

    Injective’s quest to dominate with new financial primitives designed to expand its DeFi capabilities, and the Nvidia GPU derivatives market add to the positives.

    Also bullish for Injective price is anticipation around ETF filings and expected approvals and whale accumulation will be key.

    Bulls nonetheless need to hold above $13 and potentially $10 so as not to hand greater initiative to bears.

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  • Bitcoin whale shifts $76m into Ethereum with leveraged bets amid ‘Ethereum season’

    Bitcoin whale shifts $76m into Ethereum with leveraged bets amid ‘Ethereum season’

    Bitcoin whale shifts $76m into Ethereum with leveraged bets amid ‘Ethereum season’

    • Whale opened $295m ETH longs with up to 10x leverage.
    • ETH ETFs attracted one year’s worth of inflows in six weeks.
    • Institutional ETH reserves surged from $6bn to $17bn in a month.

    An old Bitcoin (BTC) whale has moved millions into Ethereum (ETH), marking one of the largest visible portfolio shifts this quarter.

    Blockchain data shows the whale deposited $76 million worth of BTC into Hyperliquid, sold it, and then opened leveraged long positions in ETH across multiple wallets.

    This transition comes at a time when Ethereum is outperforming Bitcoin, both in returns and institutional inflows, a trend some are calling the start of an “Ethereum season.”

    The move also coincides with surging ETH exchange-traded fund (ETF) inflows and growing treasury allocations to altcoins.

    Whale repositions holdings into Ethereum

    According to blockchain analytics firm Lookonchain, the whale originally acquired 14,837 BTC seven years ago from HTX and Binance at an average cost of $7,242 per coin.

    That purchase, worth $107.5 million at the time, has since grown to more than $1.6 billion.

    Recent transactions show the whale deposited 670.1 BTC, valued at $76 million, into the decentralised trading platform Hyperliquid.

    Following the sale, they initiated long positions worth 68,130 ETH (around $295 million) across four wallets.

    Most trades were executed with leverage of up to 10x, amplifying potential gains or losses.

    Latest HypurrScan data revealed that all of the whale’s wallets are now facing unrealised losses totalling $1.8 million.

    Despite that, the large-scale diversification highlights a clear shift towards ETH during a period when its performance is outpacing BTC.

    Market data from Coinglass shows ETH has delivered a 71.91% return so far in the third quarter, compared to just 6.28% for BTC.

    Ethereum’s gains have pushed analysts to identify the current period as “Ethereum season,” where capital is increasingly flowing into ETH instead of Bitcoin.

    The momentum has been mirrored in market activity, with Ethereum consistently outpacing Bitcoin in daily returns since the start of the quarter.

    Institutional shift fuels Ethereum demand

    Institutional interest in Ethereum has risen sharply. Corporate purchases of Bitcoin for treasury reserves have declined, with just 2.8 companies per day adding BTC to their holdings. By contrast, Ethereum is seeing sustained inflows.

    The Strategic ETH Reserve website reported that ETH holdings by institutional entities rose from $6 billion to $17 billion in the past month, representing an 183% increase.

    This accumulation points to confidence in Ethereum’s market trajectory and its positioning in the broader crypto cycle.

    The whale’s leveraged entry into ETH aligns with this wider trend, suggesting individual and institutional strategies are converging on Ethereum as the asset leading the altcoin phase of the cycle.

    Ethereum season signals next altcoin cycle phase

    Ethereum’s surge is widely viewed as part of the broader “altseason” cycle. In this framework, capital first flows into Bitcoin, then Ethereum, and eventually spreads across other altcoins before a peak.

    With ETH already outperforming BTC in both Q2 and Q3, and institutional investment accelerating, analysts suggest the market may now be entering the second phase of the altcoin cycle.

    The whale’s move to convert part of its BTC into ETH reflects this trend, with its $76 million bet highlighting how long-term holders are adapting to market shifts.

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  • Morpho price jumps 12% to lead market gainers

    Morpho price jumps 12% to lead market gainers

    • Morpho price rose 12% to hit a six-month high of $2.38.
    • Ecosystem developments and market sentiment has helped MORPHO up.
    • Bulls could target the peak of $4.17 reached in January.

    Morpho (MORPHO), native to the decentralized lending protocol, has climbed more than 12% in the past 24 hours to emerge as one of the top gainers in the crypto market.

    The uptick has pushed MORPHO to price levels seen in early March, with daily volume rising as key network developments catalyze bullish movement. MORPHO traded to highs of $2.38 and its market cap reached over $773 million..

    Morpho surges to 6-month high

    The MORPHO token has reached its highest value in six months, with bulls strengthening since hitting lows of $0.85 in April. Morpho price hovered around $2.38 and the zone in early March.

    With buyers pushing higher after a period of consolidation, MORPHO has struck upward momentum amid heightened market interest.

    Largely, traders see the token’s strong fundamentals and the protocol’s innovative approach to lending as a bullish factor.

    Morpho price chart by CoinMarketCap

    After hitting lows of $0.7 in November, MORPHO has jumped over 230% to its current levels. Gains also put the altcoin about 44% of its all-time peak of $4.17 reached in January 2025.

    The token’s performance, which comes amid a 47% spike in daily volume, has MORPHO outpacing most top gainers on the day.

    Key ecosystem developments buoy MORPHO price

    Several recent developments within the Morpho ecosystem are believed to be the catalysts behind this price jump.

    Centrifuge, a platform specializing in real-world asset (RWA) tokenization, has announced key integrations with Coinbase, Aerodrome Finance and Bitget among others. This integration, announced on Aug. 20, 2025, will also offer collateral support for Morpho.

    According to Morpho Labs, the move allows the protocol to expand its offerings by incorporating decentralized RWA tokens, enhancing its lending capabilities and attracting new users.

    MORPHO also surged after industry players launched Ascend.

    Why is this important?

    Centrifuge’s announcement emphasized the potential for Morpho to unlock liquidity for tokenized assets, a move that has sparked optimism among investors.

    Additionally, Gauntlet, a risk management firm, shared insights about Morpho’s updated risk parameters, which were refined to optimize lending efficiency.

    The confluence of these technical enhancements, partnerships and integrations are creating a positive narrative for MORPHO.

    Price is likely to jump higher as retail and institutional holders bid to increase their stakes.

    As the DeFi sector continues to evolve, Morpho’s ability to leverage RWA integration and robust risk management could solidify its position as a key player.

    For now, the 12% price jump serves as a testament to the project’s resilience and potential, drawing significant attention in today’s market.

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  • XRP price forecast as bulls and bears face off near $3

    XRP price forecast as bulls and bears face off near $3

    XRP Price Outlook

    • XRP price hovered around $2.88 after this week’s dip.
    • After a broader market downswing, XRP losses have hit 10% for the past seven days.
    • Bulls face pressure near $3 but tailwinds could help them rip to a new peak.

    XRP trader around $2.88 with buyers trying to flip positive amid downside pressure, with sellers having taken out bulls near the $3 mark.

    As the Ripple token grapples with bearish sentiment that cuts across a volatile cryptocurrency market, weekly losses have jumped to over 10% and XRP risks further losses.

    But could positive developments, including regulatory clarity and growing institutional interest, provide tailwinds for XRP’s potential rebound?

    XRP price dips as weekly losses mount

    XRP has declined by about 10% in the past week, and is trading around $2.88 as of writing on August 21, 2025.

    The dip sees the Ripple cryptocurrency extend its drift from recent highs of $3.40, with downside action over the past week exceeding -10%.

    Notably, this sees XRP form a downtrend line and slip below its 50-day simple moving average. As a critical technical indicator, this slip under the 50 SMA signals weakening momentum.

    While this drop aligns with broader market dynamics, which has seen Bitcoin drop to $113k and Ethereum pare gains, XRP faces downward pressure amid notable whale selling.

    Onchain data indicates whales have dumped about 460 million XRP in a little over a week, with bulls facing off with bears near the $3 mark.

    XRP price forecast: tailwinds and technical outlook

    Risk-off sentiment has engulfed a large part of the market as investors become jittery amid macro headwinds.

    Inflation data, including a surprise surge in the US producer price index in July, added to the uncertainty. Geopolitical events and the upcoming Jackson Hole symposium, where Federal Reserve Chair Jerome Powell is expected to speak, are key events this week.

    For the latter, XRP holders are as upbeat as the rest of the market.

    Investors are braced for any potential signals that the Fed will cut interest rates, a likely boost for risk assets like cryptocurrencies. However, a hawkish Fed could further depress XRP.

    Despite the current bearish tilt, XRP is still largely bullish amid notable tailwinds. This includes Ripple’s march to a resolution of its legal hurdle from the SEC lawsuit.

    Additionally, Ripple’s RLUSD stablecoin is seeing growing integration and partnerships, as is XRP Ledger’s traction in payments and tokenization of real-world assets.

    Potential XRP ETF and Ripple banking license approvals, expected in late 2025, provides further optimism.

    On the charts, XRP faces immediate support at $2.80, with a deeper safety net in the $2.58 to $2.32 zone. However, if bulls reclaim the $3.00 to $3.40 area as support, a breakout could bring a new ATH into play, with targets of up to $10.

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  • OKB price hits new all-time high amid a 50% spike

    OKB price hits new all-time high amid a 50% spike

    OKB Price Skyrockets To New All Time High

    • OKB price rose 50% to hit a new all-time high of $195.
    • The altcoin is outpacing peers as investors react to tokenomics changes.
    • OKB is seeing traction as altcoins bid to break higher.

    OKB, the native token of the OKX exchange, has soared to a new all-time high of $195, with intraday gains of over 50% catapulting the altcoin to the new ATH.

    OKB’s price surge has also come amid a significant spike in daily volume, with market data showing the OKX token witnessed a staggering 428% uptick in 24-hour trading volume.

    At the time of writing, the metric hovered around $1.17 billion.

    Meanwhile, OKB is one of the standout performers in the past 24 hours and week, outpacing top altcoins as recent bullish catalysts keep bulls in control.

    BNB also hit a new peak as exchange tokens rally.

    Why OKB surged 50% as it hit a new all-time high

    As top altcoins braced for a fresh dose of downside volatility, OKB extended its recent rally to a new ATH.

    Having gone vertical from lows of $46 to highs of $116 on Aug. 13, the token retested the $92 area.

    But bulls have traded higher since, breaking above $150 and hitting the intraday record high of $195 on Aug. 21.

    OKB chart by CoinMarketCap

    The buying pressure follows a strategic tokenomics overhaul that OKX undertook recently, with this significantly altering the OKB’s supply dynamics.

    On Aug. 13, OKX executed a massive one-time burn of 65.26 million OKB tokens, slashing the circulating supply by over 50% to a fixed cap of 21 million tokens.

    The move meant OKX aligned its token’s supply with Bitcoin’s hard cap, with the deflationary event a key catalyst to the parabolic price action.

    The supply change has seen OKB’s market cap surge to $4 billion, while the price has increased nearly 90% in the past week and over 290% in the past 30 days.

    As well as the token burn, OKX introduced an upgrade to its zero-knowledge Ethereum Virtual Machine (zkEVM) network built with Polygon technology.

    The upgrade boosted the network’s transaction capacity to 5,000 transactions per second while slashing gas fees to near-zero levels, enhancing OKB’s utility as the native gas token.

     OKB price outlook

    OKB’s price trajectory has pushed key technical metrics to extreme levels, with the Relative Strength Index (RSI) hitting overbought conditions.

    Per the daily chart, OKB’s price hovers at a level where the RSI is above 92 and signaling a potential reversal.

    OKX price chart by TradingView

    However, the Moving Average Convergence Divergence (MACD) remains strongly bullish, with the MACD line above the signal line.

    This and the histogram’s outlook suggest sustained buying pressure.

    If bulls weather profit-taking deals, the next target will be a spike above $200 and further price discovery.

    On the downside, support levels include $125 and $92.

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  • The altcoin uprising: Ether, Solana, and BNB defy market fear as Bitcoin stalls

    The altcoin uprising: Ether, Solana, and BNB defy market fear as Bitcoin stalls

    The altcoin uprising: Ether, Solana, and BNB defy market fear as Bitcoin stalls

    • Major altcoins like Ether and Solana are strongly outperforming Bitcoin.
    • BNB, the token of BNB Chain, surged 6% to a new all-time high of 875.
    • Bitcoin’s market dominance is on the verge of hitting a new six-month low.

    In a stunning display of defiance, a powerful cohort of major altcoins staged a dramatic comeback on Wednesday, completely eclipsing Bitcoin and brushing off a wave of risk-aversion that sent traditional stock markets lower.

    The move signals a potential changing of the guard, as leadership in the digital asset space appears to be shifting, at least for now, from the king to its court.

    The rebellion was led by BNB, the native token of the BNB Chain, which blasted through to a fresh all-time high, surging 6% to hit 875.

    The ferocity of the rebound was just as palpable in the Ethereum market, where Ether (ETH) rocketed 7% from its overnight lows to 4,350, completely erasing all of Tuesday’s losses in a single, powerful move.

    Some market observers speculated the rally was fueled by ETH treasury firms strategically buying the dip.

    The strength was broad-based. Solana’s SOL gained a formidable 6.1%, also outpacing its recent decline, while tokens for ChainLink and AAVE put on even more impressive shows, soaring 10% and 7%, respectively.

    A king on shaky ground

    While the altcoin market was exploding with activity, Bitcoin was a sea of calm. The leading cryptocurrency advanced a modest 1.4% from its lows, trading just above 114,000.

    This tepid performance was more in line with the broader capital markets, where major stock indices like the S&P 500 and the tech-heavy Nasdaq closed in the red.

    This stark divergence is forcing a market-wide reassessment. The relative strength of altcoins during a period of fear is a notable and potentially significant signal.

    Bitcoin’s dominance—a key metric measuring its share of the total crypto market capitalization—is now teetering on the brink of a new six-month low.

    Historically, a sustained fall in Bitcoin’s dominance is the classic harbinger of an “altcoin season,” a period where smaller, riskier tokens take the lead.

    But before investors get carried away by dreams of repeating the wild, speculative rallies of past cycles, a crucial note of caution has been sounded.

    Analysts at ByteTree, led by Shehriyar Ali and Charlie Morris, warn that the rules of the game have fundamentally changed.

    “An alt season may be brewing, but it will not look like the wild rallies of the past,” their report stated. 

    Instead, it will be defined by selective, fundamentals-driven growth, rewarding quality projects and penalising those without substance.

    The message is clear: the era of blind speculation may be over. The current uprising is not lifting all boats equally.

    Instead, it appears to be a more discerning, mature rebellion, one that is selectively rewarding projects perceived to have genuine value and long-term potential.

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  • Bitwise forecasts Bitcoin as best-performing asset over next decade

    Bitwise forecasts Bitcoin as best-performing asset over next decade

    Bitwise projects Bitcoin to deliver 28% annual returns over the next decade.

    • Bitwise projects Bitcoin to deliver 28% annual returns over the next decade.
    • Institutions now view Bitcoin like equities and bonds for portfolio allocation.
    • Spot ETFs and corporate treasuries fuel Bitcoin’s growing long-term adoption.

    Bitwise Asset Management expects bitcoin to deliver the strongest returns of any major asset class over the next ten years, projecting a compound annual growth rate of 28% with gradually declining volatility.

    The forecast was shared in a new memo previewing the firm’s forthcoming Bitcoin Long-Term Capital Market Assumptions report.

    Institutional demand spurs framework

    The report, authored by Bitwise Chief Investment Officer Matt Hougan, is targeted at large platforms and professional allocators that are increasingly treating bitcoin as a “core” portfolio consideration.

    Hougan notes that the shift follows the launch and widespread approval of spot bitcoin exchange-traded funds (ETFs), which have opened the asset class to mainstream retirement accounts and wealth platforms.

    Interest in long-term planning has grown markedly.

    Hougan said Bitwise received a dozen requests this year for long-term assumptions around bitcoin, compared with none between 2017 and 2024.

    In his view, this marks an inflection point: institutions are now evaluating bitcoin in the same way they assess equities, bonds, and other traditional assets.

    Favourable comparisons with traditional markets

    While the full report is yet to be published, the preview states that bitcoin’s projected returns, volatility profile, and correlations compare favourably with established asset classes.

    Bitwise characterises bitcoin’s correlations with other major assets as “low”, falling between −0.5 and 0.5, which many allocators value for diversification benefits.

    The asset manager’s positioning of bitcoin’s outlook draws parallels with annual capital-market forecasts issued by large Wall Street firms such as JPMorgan, PIMCO, BlackRock, and Vanguard.

    These outlooks help institutions determine long-term strategic allocations across asset classes including equities, fixed income, real estate, and alternatives.

    Hougan argues that similar guidance is now warranted for digital assets, given their growing maturity and integration into mainstream investment products.

    Growing Onchain and corporate holdings

    Since spot bitcoin ETFs launched in January 2024, they have quickly gained traction.

    On-chain holdings tied to these ETFs have grown to represent almost 7% of bitcoin’s fixed 21 million supply, with assets under management exceeding $146 billion, according to data from The Block.

    Corporate treasuries have also expanded their exposure.

    Publicly traded companies, led by MicroStrategy with a holding of 629,376 BTC, have collectively accumulated more than $80 billion worth of bitcoin.

    These acquisitions have been financed largely through capital market activities, including equity offerings and convertible debt issuance.

    Bitwise’s full Bitcoin Long-Term Capital Market Assumptions report is expected later this week.

    It will provide detailed methodology and quantitative analysis, alongside side-by-side comparisons with forecasts for traditional asset classes from leading global asset managers.

    For Bitwise, the release marks a bid to position bitcoin within the same framework used for decades to evaluate traditional investments.

    For institutions, it reflects a growing acceptance of bitcoin not as a speculative play, but as a serious allocation option with defined risk and return expectations.

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