{"id":145947,"date":"2025-01-03T09:00:25","date_gmt":"2025-01-03T07:00:25","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145947"},"modified":"2025-01-03T03:09:59","modified_gmt":"2025-01-03T01:09:59","slug":"bitcoin-rebounds-while-altcoins-gain-momentum-whats-next-for-the-market","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-rebounds-while-altcoins-gain-momentum-whats-next-for-the-market\/","title":{"rendered":"Bitcoin Rebounds While Altcoins Gain Momentum: What\u2019s Next for the Market?"},"content":{"rendered":"<p>Despite this rebound, selling pressure persists, with CryptoQuant founder Ki Young Ju <strong><a href=\"https:\/\/x.com\/ki_young_ju\/status\/1874861726208004212?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1874861726208004212%7Ctwgr%5E818c55199ce24b6262e3dc489f2f54bdcd11e2b9%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcoingape.com%2Fold-bitcoin-whales-and-otc-traders-fueling-btc-drawdown-cryptoquant-ceo%2F\" target=\"_blank\">attributing<\/a> <\/strong>it to older <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>whales. These large holders are reportedly offloading through high-volume OTC trades and exchange deposits. However, Ju noted that these actions are unlikely to cause a major market crash.<\/p>\n<p>Interest from institutional investors, particularly in the U.S., appears to be waning, as reflected by the Coinbase Premium hitting a two-year low. Ju emphasized that a recovery in this metric would be crucial for Bitcoin\u2019s next upward move.<\/p>\n<p>Meanwhile, the broader market is seeing growth across top altcoins,while XRP has even overtaken Tether as the third-largest cryptocurrency, signaling shifting market dynamics. Analysts suggest Bitcoin dominance could decrease in the coming weeks, as altcoins gain momentum.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/analyst-warns-of-extended-bitcoin-correction-as-key-levels-break\/\" title=\"Analyst Warns of Extended Bitcoin Correction as Key Levels Break\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Analyst Warns of Extended Bitcoin Correction as Key Levels Break<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>As uncertainty looms over geopolitical events and their potential impact on crypto policy, the coming weeks will determine whether the market continues its bullish trend or faces new challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) started the New Year on a positive note, climbing around 1.5% in the past day to $96,700, recovering from last week\u2019s dip.<\/p>\n","protected":false},"author":9,"featured_media":132611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-145947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - 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