{"id":45497,"date":"2025-09-03T12:46:50","date_gmt":"2025-09-03T12:46:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45497"},"modified":"2025-09-03T12:46:50","modified_gmt":"2025-09-03T12:46:50","slug":"crypto-markets-today-bitcoin-languishes-at-111k-as-altcoins-continue-to-outperform","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45497","title":{"rendered":"Crypto Markets Today: Bitcoin Languishes at $111K as Altcoins Continue to Outperform"},"content":{"rendered":"
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Bitcoin (BTC) is trading in a tight range around $111,000 having lost 2.9% of its value over the past 30 days. <\/p>\n

Bitcoin dominance has slipped from 61% to 57% in same period, indicating a bullish outlook for altcoins, coinciding with a slew of crypto treasury companies adoption altcoin accumulation strategies. Ether (ETH), up 1.1% since midnight UTC, and solana (SOL), 0.43% higher, have notched gains of 21% and 27.5%, respectively, over the 30-day period.<\/p>\n

The CoinDesk 20 Index, a measure of the broad market, has gained 0.46% since midnight and is 1.7% higher than 24 hours ago, with all members rising over the latter period.<\/p>\n

Nick Forster, founder of on-chain options platform Derive.xyz, said in an email that ETH has a 44% chance of hitting $6,000 before the end of 2025. <\/p>\n

\u201cInstitutional adoption of ETH is building serious momentum. Last week alone, the number of ETH held by ETFs rose by 250K \u2014 from 6.5 million to 6.74 million,” Forster wrote.<\/p>\n

Derivatives Positioning<\/strong><\/h2>\n
    \n
  • The total open interest across all perpetual instruments increased overnight to $114 billion, data from Laevitas show.<\/li>\n
  • A liquidations heatmap for the BTC-USDT pair on Binance shows that bitcoin is trading between two significant liquidation clusters. Above the current price, a $90 million cluster of liquidations sits around the $112,200 mark. To the downside, the largest cluster is valued at $76.6 million, located around $110,000.<\/li>\n
  • According to Deribit options data, the 24-hour BTC put-call volume is 26.4K contracts, with calls accounting for 51.6% of the total. The contract with the highest volume is the $108K strike price put expiring Sept. 26.<\/li>\n
  • That’s followed by the call at a strike price of $114K expiring on the same day.<\/li>\n
  • The funding rate heatmap on Coinglass remains positive for most assets, indicating a general bullish sentiment. The one exception is TRX, which has a negative funding rate, reflecting a -10.2% APR.<\/li>\n<\/ul>\n

    Token Talk<\/strong><\/h2>\n

    By Oliver Knight<\/p>\n

      \n
    • Bitcoin (BTC) dominance, a key metric when assessing whether the crypto market is in “altcoin season” has ticked down another notch to around 58%, having been above 61% just 30 days ago.<\/li>\n
    • The drop-off demonstrates a change in trader behavior: Typically altcoins perform poorly when BTC enters a downtrend, this time, however, many have held their value while some have outperformed the market’s largest asset.<\/li>\n
    • Bitcoin is down by 2.91% in the past 30 days while the likes of ether (ETH) and solana (SOL) are up by 21% and 27.5%, respectively. <\/li>\n
    • While the gains have been driven by the adoption of several altcoins in corporate treasuries, they can also be attributed to a recalibration of the entire market.<\/li>\n
    • During BTC’s rise to a $124,000 record high last month, the narrative was solely focused on bitcoin and it’s perceived correlation with the well-performing tech sector in equities.<\/li>\n
    • It’s worth noting that in previous cycles bitcoin dominance slumped all the way down to 39%, indicating that the altcoin resurgence still has some way to go.<\/li>\n
    • However, as liquidity flowed into BTC, several altcoins fell to record lows against bitcoin, leading to a number being “oversold” on technical indicators like relative strength index (RSI).<\/li>\n<\/ul>\n

      <\/strong><\/h2>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

      Bitcoin (BTC) is trading in a tight range around $111,000 having lost 2.9% of its value over the past 30 days. Bitcoin dominance has slipped from 61% to 57% in same period, indicating a bullish outlook for altcoins, coinciding with a slew of crypto treasury companies adoption altcoin accumulation strategies. Ether (ETH), up 1.1% since […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45497","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45497"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45497\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}