Bitcoin Gains Momentum Amidst Divergent Crypto Market Breadth
The post Bitcoin Gains Momentum Amidst Divergent Crypto Market Breadth appeared on BitcoinEthereumNews.com.
Key Points: Bitcoin’s recent surge places it at 117,235.80 within 5% of its all-time high. The broader crypto market shows reticence, yet Bitcoin commands dominance. Market divergence underscores Bitcoin’s strength, with altcoins lagging significantly. July 12, 2025, saw key insights into Bitcoin’s market position as Sentimentrader revealed Bitcoin’s upward trajectory amidst a lagging broader crypto market, according to analysis highlighted by The Kobeissi Letter. This divergence indicates possible room for further growth for Bitcoin. The divergence in market breadth implies a unique opportunity for Bitcoin’s continued ascent, contrasting with the broader cryptocurrency market’s sluggish performance. Market dynamics suggest room for Bitcoin’s expansion even as altcoins are notably below their all-time highs. Bitcoin Nears All-Time High Amidst Market Lag Bitcoin’s recent surge places it at 117,235.80 within 5% of its all-time high, in stark contrast to other cryptocurrencies. The Kobeissi Letter notes this divergence could signal continued upward momentum for Bitcoin. While broader crypto market reticence persists, investor attention centers on Bitcoin’s potential growth path. Sentimentrader’s analyses underscore Bitcoin’s strength, tracking its rise as a leading asset while altcoins like Ethereum and Solana lag. Crypto analyst firms emphasize that benefits may favor Bitcoin, with less attraction to altcoin investment due to recent market behaviors. **Analyst at Santiment**: “Bitcoin is showing strength but also flashing warning signs with euphoric sentiment…Ethereum and Solana appear to have more room for growth, supported by healthier on-chain metrics and neutral crowd sentiment.” Source Historical Context, Price Data, and Expert Analysis Did you know? Sentimentrader data shows that during 2024 peaks, up to 75% of cryptocurrencies were near their highs, contrasting with today’s less synchronized market. Current figures from CoinMarketCap detail Bitcoin at $117,235.80, with a market cap of 2.33 trillion, commanding a 63.67% market dominance. Recent price expansions include a 38.01% increase over 90 days. Trading…
Filed under: News - @ July 11, 2025 8:27 pm