5 Altcoins Crashed This Week—But Can PUMP Soon
The post 5 Altcoins Crashed This Week—But Can PUMP Soon appeared on BitcoinEthereumNews.com.
Altcoin Crash: 5 Tokens Deep in the Red This Week The crypto market saw renewed volatility this week, and altcoins took the biggest hit. While Bitcoin price remains stable near all-time highs, some top projects have lost significant value. Here’s a look at 5 of the worst-performing altcoins over the past 7 days: # Coin Symbol 7D Loss 1 Pyth Network PYTH -18.69% 2 Story Protocol IP -14.13% 3 Sonic (prev. FTM) S -11.76% 4 IOTA IOTA -10.63% 5 EOS EOS -10.59% Despite the dip, there’s strong reason to believe these coins could bounce hard once Bitcoin price breaks its previous all-time high. Why Altcoins Crash First… But Pump Later It’s a common trend in every crypto bull cycle: Bitcoin pumps first, and altcoins follow. Historically, altcoins tend to lag behind the initial BTC surge. As institutional money flows into Bitcoin, retail investors chase lower-priced, high-upside tokens—leading to altcoin season. Here’s what typically happens: BTC Breaks Out → Capital flows into Bitcoin first. Consolidation Phase → Traders take profit and rotate into altcoins. Altcoin Rally → High-risk assets like PYTH, IOTA, and EOS explode. This pattern has played out across cycles in 2017, 2021, and is setting up again in 2025. Market Context: What the Total Altcoin Chart Tells Us Let’s look at the Total Crypto Market Cap excluding Bitcoin (TOTAL2) chart: Market cap sits at $1.19 trillion, right above key support at $1.18 trillion. The 50 SMA is overhead at $1.22 trillion, indicating resistance but also the next target if a bounce occurs. The RSI (14) is at 36.51, approaching oversold conditions—a typical reversal zone for altcoins. Total Crypto Market Cap excluding BTC – TradingView The chart suggests we’re at a critical juncture. A sustained bounce in TOTAL2 would signal that altcoins are preparing to move, possibly igniting a…
Filed under: News - @ May 25, 2025 1:23 pm