Brazil’s Vert just flipped the script on how debt gets handled. You got $130 million worth of agribusiness debt, now tokenized and live on the XRP Ledger.
BNB skyockets to $804
Something’s cooking in the crypto kitchen, and it’s spicy. Binance Coin (BNB) just blasted through the $800 ceiling, hitting an ATH of $804.
Cathie Wood sold some Coinbase and Roblox stocks
You know Cathie Wood, right? The big shot at ARK Invest, the one who always seems to be playing 3D chess while the rest of us are still figuring out checkers.
JPMorgan’s crypto u-turn is pretty surprising
Jamie Dimon once slammed Bitcoin harder than a bar fight at closing time. Called it a fraud, a scam, even a decentralized Ponzi scheme. You remember those fiery speeches, right?
Altseason Watch: Capital Rotation Gains Steam, but Confirmation Still Elusive
We observe that the recent drop in Bitcoin dominance to around 59-61%, coupled with the Altcoin Season Index trending upward, suggests capital rotation into altcoins like Ethereum, XRP, Solana, and BNB, which have posted gains of 20-40% recently.
Strong performances from memecoins and sectors like AI and RWAs indicate growing investor interest, but the index remains below the 75% threshold needed for a confirmed altseason.
This could be a temporary rotation rather than a sustained trend, as Bitcoin’s consolidation above $118,000 may still draw liquidity.
For momentum to sustain into mid-to-late Q3, we need Bitcoin dominance to fall below 60% consistently, and rising funding rates without excessive leverage.
Continued institutional inflows, regulatory clarity like the GENIUS Act, and strong fundamentals in Layer-1s and DeFi could confirm a full-blown altseason.
However, sharp Bitcoin price movements or macroeconomic shifts could disrupt this trajectory, so cautious monitoring of these indicators is essential.
Ryan Lee, Chief Analyst at Bitget Research
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
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