Bitcoin Price Steady, But Attention Shifts to Altcoins
Bitcoin (BTC) traded just under $120,000, posting a modest daily gain of 1% and 2.6% over the past week. Despite its positive movement, capital is clearly rotating toward high-performing altcoins as investors seek greater short-term upside.
BTC’s dominance continues to decline, signaling rising altcoin activity across the market.
Ethereum Surges to Multi-Year Highs on Institutional Inflows
Ethereum (ETH) led the altcoin rally with a sharp move to $3,793, marking its highest price since early 2022. The token recorded a 3.7% daily gain and an impressive 25% surge over the past week.
The rally has been driven by:
- New ETH-based treasury products
- Strong inflows into Ethereum ETFs
- Growing confidence from institutional investors
Ethereum’s fundamentals continue to strengthen, positioning it as the primary alternative to Bitcoin.
Dogecoin Posts Best Weekly Performance in Over a Year
Dogecoin (DOGE) gained a remarkable 9.6% in the last 24 hours, now trading at $0.2731. Over the past week, DOGE has soared more than 33%, its strongest 7-day performance in over a year.
The surge is fueled by:
- Renewed retail interest in meme coins
- Broader altcoin market optimism
- Momentum from social and speculative trading channels
Dogecoin has emerged as one of the top breakout tokens in July 2025.
Other Altcoins Join the Rally: XRP, SOL, ADA
The rally extended to other major altcoins:
- XRP climbed to $3.55, gaining 4.1% on the day
- Solana (SOL) rose 6.6% to reach $189
- Cardano (ADA) and BNB Coin (BNB) both saw gains of over 3%
These movements point to a broad-based altcoin recovery, supported by both macro factors and new use case developments.
Altcoin Fever Resurging on Strong Macro and Policy Signals
This rotation comes as real-world asset tokenization, regulatory clarity, and ETF approvals attract fresh capital to the altcoin sector. Investors are increasingly viewing platforms like Ethereum, Solana, and Cardano as infrastructure for the next generation of finance.
With capital flowing out of Bitcoin and into altcoins, the market is entering a new phase of diversified growth.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.