Bitcoin Consolidates Before All-Time High Breakout As Altcoins Surge — ‘Signs Of A Bull Market,’ Says Michaël Van De Poppe
Posted On May 14, 2025
Bitcoin (CRYPTO: BTC) is consolidating near record levels while altcoins show significant momentum, according to cryptocurrency analyst Michaël van de Poppe.
What Happened: “A pretty normal consolidation on Bitcoin before the breakout above the all-time high,” van de Poppe wrote Wednesday on X. “In the meantime, altcoins are significantly breaking out and continuing their momentum. The signs of a bull market.”
The leading cryptocurrency is trading at $104,030.18, up 0.25% over the past 24 hours, with a total market capitalization of $2.06 trillion. Meanwhile, Ethereum (CRYPTO: ETH) has gained 4.42%, reaching $2,625.37 with a market cap of $316.95 billion.
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