Altcoins Shine as Bitcoin Holds Steady
The post Altcoins Shine as Bitcoin Holds Steady appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) holds steady at around $115,000 thanks to institutional buying by Metaplanet and Strategy. Solana, Avalanche, Binance, and OpenSea continue the push with new launches and ecosystem growth. The U.S., Europe, and Vietnam witness signs of more favorable regulatory stances. Risks persist with upcoming Fed and ECB rate decisions. Token unlocks on Arbitrum and Resolv could provide additional selling pressure, and supply chain attack warnings are a worry. BTC remains contained within the $114,000–$118,000 liquidation zone, keeping investors on the sidelines. Top Market News (Sep 8 – Sep 14) Bitcoin (BTC) stands at a price of $115,000, and derivatives data points towards levels of critical liquidations. Any dip below $114,000 would trigger liquidation of approximately $737 million in longs, while any breakout above $118,000 would liquidate approximately $1 billion worth of shorts. Institutional demand remains the driving force. Metaplanet added another 136 BTC to bring its reserves to 20,136 BTC, and Strategy added another 1,955 BTC at an average of $111,200 to bring its reserves to 638,460 BTC worth about $71 billion. Altcoins are also under the limelight, with Avalanche preparing to raise a $1 billion raise to purchase AVAX with Hivemind and Dragonfly on their tail. Solana is meanwhile set for its Sonic Summit on September 29. In the exchange space, Binance has listed new coins like Boundless (ZKC), Pumpfun (PUMP), Holoworld AI (HOLO), and Linea (LINEA). OpenSea has also established a $1 million NFT Flagship Collection fund to drive the digital economy of art. Trends and Market Sentiment Regulation is having a greater impact on sentiment. Vietnam announced a five-year pilot for a digital asset market, indicating that Southeast Asia is open to it. Similarly, the U.S. SEC and CFTC have taken steps toward legal certainty, which can spur adoption. Adoption momentum is gathering pace as Binance…
Filed under: News - @ September 15, 2025 6:26 am