TLDR:
- Altcoin rally as Bitcoin hits ATH with over $429M in ETF inflows, fueling market-wide gains.
- Over $1B in short liquidations boost momentum across Bitcoin and altcoins.
- 90% of major altcoins outpaced BTC short term, but few lead over 90 days.
- XRP and ETH see institutional volume spikes amid breakout and ETF flows.
Altcoins have shown explosive gains in recent weeks, sparking speculation about a possible start to AltSeason.
Bitcoin has continued climbing, reaching a new all-time high, while institutional inflows and liquidation events reshape the crypto landscape. Market watchers remain divided on whether the rally among smaller coins will last or fade.
Despite brief surges, longer-term charts suggest Bitcoin still holds dominance over most major tokens. The crypto market continues moving fast, and traders are closely watching for lasting signals of a broader altcoin breakout.
Altcoin Momentum Grows but Long-Term Strength Remains Unclear
In the past two weeks, over 90% of major altcoins have outpaced Bitcoin, according to a post by IT Tech.
Some coins gained as much as 40%, showing strength in segments like AI tokens and meme assets. However, when zoomed out to 30- and 60-day timeframes, only a handful of altcoins continue to outperform Bitcoin.
Momentum appears inconsistent, with most surges short-lived.
Has #AltSeason finally kicked off?
In the past 14 days, 52 of 56 majors have outrun Bitcoin, some by 30-40 % (see chart 1). It feels like alts are waking up… but one snapshot can fool you. Let’s zoom out.1/
pic.twitter.com/6QdvwEYeCh
— IT Tech (@IT_Tech_PL) July 11, 2025
The 90-day performance shows just nine altcoins ahead of Bitcoin. Analysts noted that these gains often reflect micro-rallies, not broad altcoin market growth. They stressed that for a true AltSeason to begin, Bitcoin’s dominance must decrease and altcoin funding should cool across exchanges.
While altcoins rallied, Bitcoin reached a fresh all-time high, driven by strong U.S. ETF inflows. Matthew Dixon, a veteran financial analyst, reported that Bitcoin and Ethereum ETFs saw a combined $429 million in inflows.
This institutional demand added fuel to the market, pushing prices higher across the board.
The surge triggered a massive short squeeze. Over $1 billion worth of crypto short positions were liquidated, including $570 million in Bitcoin and $207 million in Ethereum. These liquidations increased volatility and added to the bullish momentum in the market.
Ethereum Leads Majors While XRP Rebounds on Chart Breakout
Ethereum recorded the strongest performance among the top ten cryptocurrencies. Its price surge came as traders moved funds following ETF optimism and network growth.
Meanwhile, XRP jumped 6% after breaking out of a descending wedge pattern. Institutional activity in XRP rose sharply, with trading volumes up 168% over the past week.
Bullish ETF Inflows & Altcoin Boom
Crypto Market Surging: #BTC New ATH, #ETH Outperforms.#Bitcoin rallied toward a new all-time high
Ethereum recorded its strongest performance among the top 10 cryptos#ETF inflows in the U.S. reached $218M for BTC and $211M for ETH—signaling… pic.twitter.com/3CYTyuoGgJ— Matthew Dixon – Veteran Financial Trader (@mdtrade) July 11, 2025
Despite some strength in altcoins, the broader market still leans on Bitcoin’s direction. Analysts suggest that until altcoins sustain performance over several months, calling it AltSeason remains premature.
As trading heats up, regulatory discussions are also in motion. Lawmakers in the United States are reviewing digital asset tax frameworks, with GOP-backed proposals under review. These talks aim to clarify reporting requirements and foster a clearer environment for crypto investors.
Altcoins may be gaining attention, but Bitcoin remains the pillar of this cycle. For now, traders continue watching key dominance and funding trends to gauge the next major shift.
The post Altcoin Rally Heats Up, But Is the Real AltSeason Still Out of Reach? appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.