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Bitcoin Dominance Hits New Highs — Altcoins Left in the Dust

koinmilyoner

Updated at: 7 hours ago

{"content":"Bitcoin Dominance Hits New Highs — Altcoins Left in the Dust After weeks of stabilization, Bitcoin reached new all-time highs around $118,800, marking the start of its bull market. As positive mood returns, experts expect a big move higher after this breakthrough. The rise above prior highs has revived BTC interest and boosted crypto market confidence. Bitcoin dominance is a key sign of cycle strength. According to leading expert On-Chain Mind, BTC dominance has reached 65% since this bull market began. Market experts expect institutional inflows and ordinary investor interest as Bitcoin leads the drive. With momentum and confidence rising, the breakthrough over $118K may be the start of a bigger surge that might characterize the 2025 crypto bull cycle. Bitcoin Takes Charge Bitcoin broke out after weeks of consolidation below $110,000, beginning a new bullish wave and kicking off the crypto market. As confidence grows, altcoins, which had underperformed in previous months, are rising over important resistance levels. This concerted move comes amid macroeconomic developments, with market investors expecting a weaker US currency and inflationary policies under US President Donald Trump. The market views crypto, particularly Bitcoin, as a hedge against rate reduction and Federal Reserve pressure. The supremacy of Bitcoin is apparent. “This bull market started at 40%. On-Chain Mind reported that investors now favor BTC (65%). Bitcoin's 4-hour chart indicates a clear breakout and consolidation, indicating strength following an explosive surge. In 12 hours, price rose 8% from long-term resistance around $109,300 to a local high of $118,000. This breakthrough turned resistance into support and prompted heavy volume, supporting the move. If Bitcoin stays over $112K, bulls rule. A dip below $109K would invalidate the breakthrough and increase short-term dangers. However, a convincing break over $118K might lead to a move above $120K psychologically. #BTCBreaksATH #ETHBreaks3k #TrumpTariffs #BinanceTurns8 #USCryptoWeek $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/12/8941e61eb9ad740f8ad2635163483d97.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}

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