Fartcoin Dominates Crypto Recovery With 230% Surge, Is This A Good Time To Buy?
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.
Is It Time For Altcoin Season? Bitcoin Dominance Rises To Major Rejection Zone
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Crypto analyst El Crypto has raised the possibility of an altcoin season happening soon. The analyst alluded to Bitcoin’s dominance rising to a major rejection zone, which could be bullish for altcoins. Altcoin Season May Be Imminent As Dominance Hits Major Rejection Zone In an X post, El Crypto suggested that the altcoin season may be imminent as Bitcoin’s dominance hits a major resistance zone. He revealed that BTC’s dominance again touched a zone that has led to rejection every time in the last one and a half years. He added that the Stochastic Relative Strength Index (RSI) is also in the overbought area, while a bearish cross has now happened again. Related Reading Based on this, the analyst remarked that the market looks to be in for some fun, hinting at an altcoin season. Crypto analyst CryptoElites also affirmed that Bitcoin’s dominance has reached its peak. He further affirmed that next up is a massive altcoin rally, which will usher in the alt season. Source: CryptoElites on X In another X post, the crypto analyst alluded to the USDT and USDC dominance ratio. He claimed that the market was at a critical trend reaction point right now. CryptoElites then mentioned that if the stablecoins’ dominance breaks down, then the altcoin season will officially begin. Crypto analyst Kevin Capital also looked to provide a bullish outlook towards the altcoin season. In an X post, he highlighted the global liquidity index overlaid with the Dogecoin price. In line with this, he remarked that it might be time for market participants to start paying attention to this. So far, altcoins have been mirroring Bitcoin’s price action, suffering a similar downtrend amid the trade war. However, if the altcoin season were to kick into full gear, these altcoins could easily decouple from the flagship crypto and outperform. Ethereum is known to lead this altcoin season, but that may not be the case this time, as ETH has underperformed throughout this cycle. Still Bitcoin Season For Now Blockchain Center data shows that it is still Bitcoin season for now, as the flagship crypto continues to outperform most altcoins. In the past 90 days, only seven out of the top 50 coins have outperformed the flagship crypto. These coins include Mantra, GateToken, Monero, LEO, Tron, and FastToken. Related Reading For it to be altcoin season, 75% of the top 50 coins would need to outperform Bitcoin over the last 90 days. Although almost all coins have witnessed declines within this timeframe, BTC has suffered a 22% drop, which is less than what these altcoins have seen during this period. At the time of writing, the Bitcoin price is trading at around $80,900, down over 1% in the last 24 hours, according to data from CoinMarketCap. Total market cap excluding Bitcoin at $939.29 billion | Source: TOTAL2 on Tradingview.com Featured image from iStock, chart from Tradingview.com
Black Monday Incoming? Jim Cramer Calls Trump Tariff Recession
Wall Street’s nerves are raw, and Jim Cramer threw gasoline on the fire. The CNBC host invoked the specter of 1987’s Black Monday, tying the turmoil to Trump’s “Liberation Day” tariffs. Cramer warned that the markets might buckle in ways we haven’t seen in decades unless something shifts. Say what you will about Cramer’s track record, but even a broken clock is right twice a day. (Polymarket) Is There Any Correlation to Black Monday? While Black Monday occurred in the 1980s, experts cite the Smoot-Hawley Act of 1930 as the first historical reference. That Black Thursday opened as a gut punch, swith tocks crashing 11% before cratering further in the days ahead. Traders were left picking through the rubble, mourning a market that lost 25% of its value within 48 hours. What followed was the ugliest economic chapter in history, culminating in a global depression. The Smoot-Hawley Act of 1930 turned the knife, raising tariffs when nations were already bleeding out. (Black Monday) Black Monday, occurring 50 years after the Depression, has a similar pattern to today. The 1987 crash was a gut punch, erasing 22.6% of the Dow daily, the sharpest drop in U.S. history. Trump’s Liberation Day—a blanket 10% import tariff alongside targeted penalties of up to 54% on trading giants like China and India—is already shaking markets. By week’s end, the losses were on stark display: The S&P 500 dropped 6%, marking its steepest decline since March 2020. The Dow tumbled over 5%, reflecting growing investor fears. Global markets, from Asia’s Nikkei to Europe’s DAX, experienced significant dips, signaling widespread apprehension. Experts like Cramer fear this could be a prelude to a larger market event if corrective measures aren’t taken swiftly. We’ve Been in a Recession, The Biden Admin Changed the Definition The point we’re making is that people like Jim Cramer are wrong. We HAD a recession, and we’re heading into one no matter who becomes president. You gotta love the gaslighting. Under Biden, GDP dropped two quarters straight in ‘22 which normally is a textbook recession. WH & NBER dodged the labelling though. Oh and also this happened: pic.twitter.com/Z0SjbrAzbU — David Nage🎯 (@DavidNage) April 4, 2025 In 2022, the Biden administration redefined what constitutes a recession. For decades, two straight quarters of shrinking GDP were the gold standard of downturn diagnostics—clean, simple, brutal. To avoid the bad publicity, they rewrote the definition to say that GDP alone isn’t enough to call a recession, throwing labor markets, consumer spending, and corporate investment into the mix. Okay, Let’s Say a Black Monday Event Happens. What Are We Buying? Canned beans, a gun, and ammunition? All jokes aside, this is a clear bottom opportunity to load up on more Bitcoin and leading L1 alternatives like Sui, Solana, and Polkadot. Cramer’s talk of a “Black Monday 2.0” remains speculative, but the warning lights are there. What should give you pause is the same people who are wrong about everything are the most vocal against tariffs. Moreover, a lot of this is already priced in. EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Wall Street’s nerves are raw, and Jim Cramer just threw gasoline on the fire calling for Black Monday 2.0. Say what you will about Cramer’s track record, but even a broken clock is right twice a day. Black Monday, occurring 50 years after the depression, has a similar pattern to today.
Waiting For An Altcoin Season? Analyst Says A Weekly Close Above This Level Would Trigger A Rally
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The crypto market is still trying to recover from its crash in early March, and sentiment is currently fluctuating. Although the Fear & Greed Index is still in the fear zone, the Bitcoin price is now slowly pushing back toward $90,000, which has been slowly changing the sentiment among altcoins. Rekt Capital, an influential analyst on X, reignited hope for an incoming altcoin season with a key technical signal. According to the post, a breakout in the altcoin market cap could soon take shape if one critical condition is met. The analyst shared a chart and commentary suggesting that the next major rally may already be in motion, provided that the altcoin market cap can secure a weekly close above a particular level. Weekly Close Above $250 Billion Could Be The Game Changer The altcoin market cap reached a multi-month low in the first week of March after the crash that saw many cryptocurrencies shell out weeks of price gains within a short period. This crash briefly pushed the altcoin market cap below $200 billion, although it eventually closed the week above this threshold. However, this market cap has steadily been inching upwards in the last two weeks since the crash. Related Reading At the time of writing, the altcoin market cap has risen back to around $249 billion. Technical analysis from crypto analyst Rekt Capital emphasized that a weekly close above the $250 billion mark would mark a significant technical shift for alts. Source: Rekt Capital on X This level, highlighted in blue on the chart below, will be an important resistance level for crypto investors waiting for the altcoin season. The analyst noted that a decisive close above it would likely precede a breakout rally toward the $315 billion level, marked in red. That move wouldn’t just signal short-term bullishness; it would also serve as confirmation that the bottom for altcoins has already been established. However, even if the altcoin market cap were to surge quickly towards $315, there would still be some work to do to return in order to the recent high of $451 billion set in December 2024. Shallow Correction Points To Stronger Momentum Ahead For Altcoin The nature of the current correction from this $451 billion altcoin market cap adds more weight to the possibility of an altcoin rally. According to the analyst, the ongoing correction has only reached a 55% drawdown from its local high, notably shallower than the previous major altcoin bear market retracements of 69% and 85%. Related Reading The shallower decline in the current retracement is interpreted as a sign of growing market maturity among altcoins. This implies that the selling pressure may be waning and that bulls are preparing for a stronger push. It also means that the $425 billion altcoin market cap resistance is weakening as a point of rejection, which in turn increases the chances of a breakout at the next visit. Overall market cap excluding Bitcoin at $1.07 trillion | Source: TOTAL2 on Tradingview.com Featured image from iStock, chart from Tradingview.com
Altcoins Season: Recent Crypto Dip Shows Decline May Be Over
Este artículo también está disponible en español. Altcoins are showing signs of strength as the cryptocurrency market begins to recover from a significant correction in February. This rebound has pushed the total crypto market cap upward after bouncing off the $3 trillion mark on February 2. Related Reading Notwithstanding, this correction saw the altcoin market cap dip massively after a rejection at $425 billion. However, a key observation from crypto analyst Rekt Capital noted that despite the rejection from this significant resistance level, the pullback in altcoin market capitalization is much shallower than in previous downturns. This observation shows that the bulls might be slowly taking charge among altcoins. Altcoins: Market Cap Faces Rejection At $425 Billion, But Altcoins Gain Strength Rekt Capital’s technical analysis underscores the importance of the $425 billion resistance level for the altcoin market, particularly focusing on the total market capitalization of altcoins outside the top 10. This analysis comes amid a broader downturn in the altcoin sector over the past week, which is a continuation of a longer correction that began in early January when the market cap peaked at a multi-year high of approximately $440 billion. Despite facing strong rejection at this key level, the depth of the latest retracement remains notably shallower than previous corrections. The current pullback measures around 50% from the $425 billion resistance, whereas the last two significant downturns saw steeper declines of 69% and 85%. This milder retracement is a change that could influence the trajectory of the altcoin market. A key takeaway from this trend is the apparent weakening of resistance at $425 billion, which indicates that bearish momentum after the retracement across the altcoin market isn’t as strong as it was in the previous cycles. Unlike previous cycles, where heavy selling led to deeper drawdowns, the current price action signals growing market resilience. Crypto market cap excluding BTC and ETH, currently at $859 billion. Chart: TradingView What Does This Mean For An Altcoin Season? Rekt Capital’s analysis aligns with the expectations of investors eagerly anticipating the arrival of the altcoin season. The relatively shallow pullback from the $425 billion resistance level strengthens the argument that this altcoin season could unfold better than in the past two cycles. Crypto analysts like Rekt Capital are fervently anticipating an altcoin season to roll into action, where profits in Bitcoin starts rolling into altcoins and the altcoin market outperforms Bitcoin. In another analysis, Rekt Capital noted a recent rejection of the Bitcoin dominance around 64%. However, he did note that history shows that rejections around 64% are mostly momentarily, and the real rejection is around 71%. When the Bitcoin dominance reaches here, a repeat of history could see it reject very harshly into a cycle-defining altseason. Related Reading For now, Bitcoin dominance remains strong, and a full-fledged altcoin season has yet to materialize. Analysts like Benjamin Cowen suggest that the anticipated altcoin rally may be on pause, with Bitcoin continuing to absorb the majority of market liquidity. Until dominance shows a clearer reversal, altcoin investors may have to wait a little longer. Featured image from Pexels, chart from TradingView Source link
Altcoin Season Alert: Analyst Says December Surge Was The ‘Preview’, Don’t Miss The Movie
Este artículo también está disponible en español. The crypto market is gearing up for an explosive altcoin season, which could see major cryptocurrencies skyrocket to new highs. After experiencing a surge in December, altcoins entered a correction, leaving their next move uncertain. However, Captain Faibik suggests that the recent pullback was merely a “trailer” for the main event, with February potentially marking the start of the next rally. Bull Pennant Signals Altcoin Season Boom In a recent X (formerly Twitter) post, Captain Faibik suggested that the altcoin season may be well on its way, as market indicators like a recently formed Bull Pennant show positive signals that support this prediction. The analyst revealed that in early December 2024, the crypto market had experienced a significant uptrend before entering a deep correction phase. Related Reading Captain Faibik said this decline was necessary as it allowed the market to cool off after significant gains. Usually, when a cryptocurrency experiences strong growth and a subsequent price drop, it tends to flush out weak hands in the market and reset overheated indicators. In the case of the crypto market, the pullback is seen as a healthy market reset that could set the stage for an even stronger uptrend. Moving on, the crypto analyst noted that the market’s correction is almost over, paving the way for the next bullish wave. He shared a chart representing the total crypto market capitalization excluding Bitcoin (BTC) and Ethereum (ETH) on a 1-day time frame. Chart pattern points to an impending altcoin season | Source: Captain Faibik on X Currently, the crypto market’s price action is forming a Bull Pennant characterized by converging trendlines. A breakout from this bull pattern is anticipated, potentially leading to a $1.4 trillion market capitalization target for the broader crypto market. The analyst has indicated that February could be a bullish month for altcoins if the Bull Pennant pattern breaks upwards. He warns investors to buy and hold their bags while waiting for this supposedly explosive altcoin season. Historically, the altcoin season has seen cryptocurrencies other than Bitcoin surge dramatically as investors’ interest and demand from BTC to other alternative coins. Ethereum typically leads this trend, as its growth often sparks rallies across the altcoin market. However, with ETH underperforming against all expectations, the possibility of a full-fledged altcoin season remains uncertain. February To KickStart AltSeason Sharing a similar sentiment with the timeline of Captain Faibik’s prediction for the altcoin season, many analysts have speculated that this bullish trend is set to occur in February. Specifically, Crypto Rover, a prominent crypto analyst on X, announced that the altcoin season will begin in the next two days. Related Reading The analyst shared a chart highlighting Ethereum’s historical monthly returns from 2016 to 2024. The column for February shows that ETH has performed massively during this time almost every year, with 2017 recording its most significant return of 48.09%. Based on this analysis, Crypto Rover suggests that February could signal a bullish period for altcoins, triggering the start of the highly anticipated altcoin season. Overall market cap excluding BTC at $1.42 trillion | Source: TOTAL2 on Tradingview.com Featured image from Unsplash, chart from Tradingview.com Source link
Still Waiting For An Altcoin Season? These Metrics Show Why It Might Never Happen
Este artículo también está disponible en español. Bitcoin has yet to relinquish its dominance in this market cycle, leaving many investors still holding onto hopes for the arrival of an altcoin season. Still, there remains a possibility that an altcoin rally might never come to fruition this season, given the recent market trends this cycle. Crypto analyst Ali Martinez echoed this perspective in a recent post on X, claiming that an altcoin season may never return. His observation sheds light on the change in market dynamics and the significant shifts that have occurred since previous alt seasons. Why AltSeason Might Never Happen An altcoin season is defined by a period of rapid price surges across a wide range of altcoins. Furthermore, an altcoin season is characterized by investors cashing out their Bitcoin profits and pouring them into altcoins. This period is always accompanied by social media hype and FOMO from crypto investors as they rush in to get in on the action. Related Reading However, current market conditions have seen the crypto industry grow from its early days into a new market with a close relationship with investors in the traditional finance sector. Additionally, the altcoin market has expanded dramatically since the last major bull run in 2021, and you could argue that it has become somewhat oversaturated. Martinez highlighted a startling statistic: over 36.4 million altcoins are now in circulation. This is a dramatic increase compared to fewer than 3,000 altcoins during the 2017-2018 altcoin season and an even smaller pool of fewer than 500 in the 2013-2014 bull market cycle. Total altcoins rises to 36.4 million | Source: Ali Martinez on X The sheer scale of this supply explosion has fundamentally altered the cryptocurrency landscape, diluting attention and capital among an overwhelming number of assets. This oversaturation means that achieving widespread price surges across altcoins has become a far more challenging proposition than in previous market cycles. Furthermore, many of these altcoins have unclear use cases or poor fundamentals and only divert attention from specific altcoins with strong utility. Could The Era Of Altcoin Seasons Be Over? The concept of an altcoin season may be a relic of a less crowded market. Ethereum, the largest altcoin, has largely failed to perform up to expectations this cycle. Known as the primary driver of past altcoin seasons, Ethereum has struggled to gain momentum for over a year, even as other altcoins like Solana, XRP, Cardano, and Dogecoin continue to push to multi-year highs. Related Reading If Ethereum, with its established dominance and utility, cannot deliver, it raises serious questions about the potential of other altcoins to rally. Instead, individual altcoins with strong fundamentals or unique propositions could continue to thrive while the rest of the market remains stagnant. At the time of writing, Coinmarketcap’s dominance data shows that Bitcoin commands 57.9% of the total crypto market cap, increasing by 0.69% in the past 24 hours. Meanwhile, Ethereum is steadily losing ground, with its dominance dropping by 1.07% over the same period, now accounting for just 11.1% of the overall market. Overall crypto market cap excluding Bitcoin at $1.44 trillion | Source: TOTAL2 on Tradingview.com Featured image from iStock, chart from Tradingview.com Source link