{"content":"🚀 Altcoin Breakout Brewing — Market Dynamics Are Shifting Fast For much of the week, Bitcoin and large-cap altcoins led the cryptocurrency market. Bitcoin reached a fresh record high of $124,100, while Ethereum and Solana flirted with their previous highs. Ethereum temporarily reached $4,800 on Thursday, August 14. The newest on-chain data shows that ETH and other altcoins may be just starting a lengthy rise that might overtake Bitcoin, the world's biggest cryptocurrency by market capitalization. CryptoOnchain said in a CryptoQuant Quicktake that the current data suggests an altseason is underway. Stablecoin Liquidity and Bitcoin Dominance (BTC.D) are the main on-chain measures supporting this optimistic theory. First, CryptoOnchain reported that ERC20 stablecoin supply has reached an all-time high of $128.7 billion. A big stablecoin supply increase usually increases liquidity, enabling investors to buy altcoins. Additionally, stablecoin active addresses have surpassed 250K for the first time, indicating increased network activity and circulation levels before large market cycles. In recent weeks, Binance's All Stablecoins (ERC20) Exchange Netflow has exceeded $67 million many times, according to the on-chain analyst. Positive exchange netflows improve investor buying power, according to CryptoOnchain. According to the graphic above, BTC Dominance was rejected from its Previous Cycle Bull Run Resistance zone. These rejections have historically corresponded with capital flowing from Bitcoin to mid- and large-cap altcoins, an early indicator of the altseason. Increased stablecoin liquidity and Bitcoin Dominance technical rejection might spark an altcoin market breakout. CryptoOnchain advised watching for a significant Ethereum breakthrough over its “This Cycle Bull Run Resistance” and a sustained BTC.D slump. In the previous 24 hours, the altcoin market has dropped over 1% to $1.57 trillion. TradingView reports that altcoin capitalization has increased by over 5% in the previous week. #Altcoin #ETH #MarketTurbulence #CPIWatch #TrumptaxCuts $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/17/8f5ad6189dde4994a031409ea93dcc7f.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}