Bitcoin’s (BTC) stalling between its latest all-time excessive and vary lows is an indication of traders digesting the motion somewhat than market weak point.
In line with the August 18 Bitfinex Alpha report, BTC surged to a document $123,640 earlier than retreating 5.44% from peak to trough, returning to the decrease finish of its established buying and selling vary.
The pullback adopted higher-than-expected US shopper and producer value inflation readings, which tempered threat urge for food throughout asset lessons.
Bitcoin has since entered a consolidation section, with traders adopting a wait-and-watch strategy forward of potential coverage indicators. For now, BTC continues to oscillate between its all-time excessive and native vary lows, reflecting a digestion interval somewhat than structural weak point.
The report famous that the chance of a Federal Reserve rate-cutting cycle later this 12 months might present a supportive backdrop for each Bitcoin and Ethereum (ETH).
Till then, merchants ought to anticipate range-bound situations to dominate, with volatility formed by incoming macroeconomic information.
Altcoins underneath stress
Within the present surroundings, altcoins stay extra weak than majors. Liquidity is concentrating in Bitcoin and Ethereum, whereas capital rotation away from higher-beta belongings leaves smaller tokens uncovered to sharper retracements.
This sample is typical within the early levels of bull markets, the place institutional inflows first consolidate in BTC and ETH earlier than increasing into the broader market.
A decisive break above all-time highs in these majors can be the important thing catalyst for renewed inflows and broader energy.
Ethereum has performed a vital function in setting the tone for digital belongings. From April lows of $1,386.80, ETH climbed to $4,783.90 on August 14, lower than 2% under its all-time excessive of $4,864.90. The advance bolstered Ethereum’s standing as the first liquidity driver outdoors Bitcoin, with its efficiency fuelling renewed hypothesis in altcoins.
The rotation is seen in Bitcoin Dominance, which has declined from 65% to 59% over the previous two months. Traditionally, such declines in dominance have typically coincided with durations of accelerating hypothesis throughout different belongings.
Whereas majors consolidate, capital continues shifting down the chance curve, a dynamic which will persist till a transparent macroeconomic catalyst emerges.
Bitcoin Market Knowledge
On the time of press 8:34 pm UTC on Aug. 18, 2025, Bitcoin is ranked #1 by market cap and the value is down 1.23% over the previous 24 hours. Bitcoin has a market capitalization of $2.32 trillion with a 24-hour buying and selling quantity of $70.41 billion. Be taught extra about Bitcoin ›
Crypto Market Abstract
On the time of press 8:34 pm UTC on Aug. 18, 2025, the whole crypto market is valued at at $3.94 trillion with a 24-hour quantity of $189.38 billion. Bitcoin dominance is presently at 58.89%. Be taught extra in regards to the crypto market ›