The post Altcoins Surge as On-Chain Data Shows Bitcoin Is Stuck appeared on BitcoinEthereumNews.com.

Altcoins outpace Bitcoin as open interest hits record $45B amid rising leverage Bitcoin stalls below resistance while liquidity risk looms near $115.6K support Regulatory clarity under Trump boosts altcoin sentiment and institutional inflows The cryptocurrency market is currently at a tipping point, with altcoins showing remarkable momentum while Bitcoin remains locked in a narrow range. Despite Bitcoin’s recent attempts to break higher, the flagship asset has struggled to overcome critical resistance levels.  At the same time, alternative cryptocurrencies are pushing ahead, fueled by investor enthusiasm, growing leverage, and shifting sentiment. This divergence has triggered a new phase of market dynamics, where altcoins now lead the rally, leaving Bitcoin in temporary uncertainty. Bitcoin is stuck in a high-stakes range According to analyst Michaël van de Poppe, Bitcoin remains stuck between approximately $115.6K and $119.5K. The repeated failure to break above resistance suggests growing indecision. A move above the upper boundary could signal the start of a bullish continuation, possibly setting up a test of a new all-time high.  However, failure to hold support at $115.6K could trigger a deeper correction. The zone between $110K and $112K may serve as an accumulation area, attracting buyers eyeing discounted entry points. Significantly, the lower part of the range reflects a concentration of liquidity, making it vulnerable to a sharp sweep. Hence, any drop could cause ripple effects across the broader market, especially impacting altcoins, which tend to follow Bitcoin’s direction with higher volatility. Altcoins surge on record-high leverage Meanwhile, Ether Wizz reports that altcoins are experiencing explosive growth. Open interest in leading altcoins including ETH & XRP hit a record $45 billion since the start of July. This signals heavy leverage and rising confidence among traders.  Moreover, Ethereum’s perpetual volume has now surpassed Bitcoin’s for the first time since 2022. This shift highlights a…

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Filed under: News - @ July 24, 2025 5:25 am