The post Ethereum and Dogecoin Lead Altcoin Rally as Bitcoin Retakes $100K appeared on BitcoinEthereumNews.com.

In brief Altcoins are outperforming Bitcoin on Thursday, with Ether up 11% and has broken past $2,000, while other cryptocurrencies like Sui and Bitcoin Cash have seen double-digit gains. Despite growing social media buzz about “altseason,” Bitcoin’s dominance remains high at 64%, and analysts warn that increased mentions of altcoins could be a “red flag” for investors. Market uncertainty continues due to Donald Trump’s tariff policies, making it difficult to compare the current crypto rally to past cycles despite the current widespread gains. Bitcoin has finally retaken $100,000, but it’s altcoins driving the crypto markets forward on Thursday. Some smaller cryptocurrencies have clocked double-digit gains as bullish momentum builds. Ethereum has gained 11% over the past 24 hours at the time of writing and has broken through $2,000 for the first time since March. This marks a rare occasion where ETH is outperforming BTC, with the world’s largest cryptocurrency, which has risen by a more modest 2.7%. Both Dogecoin and Cardano have risen by more than 8%, with Sui rallying 13.8% and Bitcoin Cash trading 14.3% higher. The top performer among the 100 biggest coins by market cap is Pudgy Penguins—up 27% since this time yesterday. Thursday’s gains have led to feverish speculation on X that “alt season” is coming, where altcoins outperform BTC. But such talk might be a little premature—especially considering that Bitcoin’s dominance, referring to its total share of the crypto market, remains stubbornly high at 64%. Altcoins Likely to Outperform in 2025: 1. Potential ETF approvals2. Sustainable attention drivers3. Revenue-generating projects The era of everything pumping is over. It’s a selective altseason—most altcoins won’t make it. — Ki Young Ju (@ki_young_ju) February 25, 2025 Earlier this year, CryptoQuant analyst Ki Young Ju had warned that “the era of everything pumping is over,” and “most altcoins won’t…

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Filed under: News - @ May 9, 2025 4:21 am