Quote from: pawel7777 on August 04, 2025, 10:10:33 PM

Apparently the daily inflows of bitcoins to Binance have increased to almost 7k. This was due to whales sending their money to the exchange, but the short-term speculators also joined in.
I guess we have approached the stage where even those who are optimistic about the market are looking to realise some profits by selling at least a portion of their stashes. But it's also possible that some of the sellers decided to convert bitcoins to altcoins, as we have some signs that the altcoin season might finally be kicking in.
Bitcoin's price recovered from week's low of $112k to $115k. Some of the top alts are showing much better daily growth, but they also got hit harder during the recent dip.
Not muh change in terms of BTC's dominance. We're slightly below the 61%.

Fluctuation are expected to happen, bitcoin is a volatile asset after all, but altcoins growing to challenge bitcoin's dominance won't be happening, with a few market corrections all altcoins will be where they are supposed to be and bitcoin will remain at the top as always, maybe most people sold because they always planned to at this time, it could be very much coincidental that it all seemed to happen roughly around the same time giving off a feel that bitcoin investors are trying out other assets, but I believe things will clear out soon enough