Bitcoin Price Hits ATH and Institutions Keep Buying — Are Altcoins Next to Explode?
The post Bitcoin Price Hits ATH and Institutions Keep Buying — Are Altcoins Next to Explode? appeared on BitcoinEthereumNews.com.
Bitcoin Breaks All-Time High as Institutional Buying Accelerates Bitcoin ($BTC) has officially broken past its previous all-time high, reaching $118,423—and institutions are still buying. This isn’t a surprise move. For over a month, major firms have been accumulating Bitcoin and Ethereum in large volumes. But this latest round—$953 million in BTC and $137 million in ETH—confirms that institutional appetite remains aggressive, even at these elevated levels. This kind of buying pressure at all-time highs sends a clear signal: the smart money sees more upside coming. Ethereum Holds Strong as BTC Dominance Grows While Bitcoin leads with a strong uptrend, Ethereum ($ETH) is also holding its ground just below the psychological $3,000 mark, currently trading at $2,939. It’s up 16.71% on the week, indicating continued strength and correlation with Bitcoin’s bullish momentum. This BTC-ETH alignment often sets the stage for a broader market rally—and that’s exactly what’s unfolding. Altcoins Catch Fire as Utility Season Emerges Beyond BTC and ETH, altcoins are showing explosive weekly performance, especially those with strong use cases or active ecosystems: XRP ($XRP): Surged 25.13%, now at $2.78. Cardano ($ADA): Gained 23.97%, trading at $0.7122. Dogecoin ($DOGE): Up 19.38%, sitting at $0.1959. Solana ($SOL): Despite short-term dips, up 7.59% for the week at $159.56. With utility-focused narratives and token-specific catalysts driving attention, we’re witnessing the early stages of a true altseason—and it’s no longer just hype. Smart Money Is Not Selling the Top—They’re Buying It What makes this phase unique is where the money is flowing. Institutional investors are not exiting—they’re entering, and doing so aggressively at levels never seen before. This undermines the classic “sell-the-top” narrative and instead supports a broader market expansion theory. The logic is simple: if $Bitcoin can hold above $115K and $Ethereum stabilizes near $3K, liquidity will naturally spill into altcoins. Retail Hasn’t…
Filed under: News - @ July 12, 2025 1:26 pm