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Crypto Market Defies Gravity: Altcoins Rally While Bitcoin Stumbles

Crypto Market Defies Gravity: Altcoins Rally While Bitcoin Stumbles

Author:
CoinTurk
Published:
2025-08-03 04:12:48
9
3

Blood in the streets? Not for altcoins. As Bitcoin dips, the broader crypto market stages a defiant rebound—proving once again that digital assets dance to their own volatile tune.

Alts steal the spotlight

While BTC plays dead, Ethereum, Solana, and meme coins are posting double-digit gains. Traders rotate into riskier plays, treating Bitcoin's weakness as a buying opportunity rather than a warning sign.

Institutional money keeps flowing

Despite Wall Street's usual summer slowdown, crypto ETFs see net inflows for the third straight week. Apparently even hedge funds can't resist chasing yields higher than their management fees.

The closer: This isn't 2021's mindless euphoria—it's 2025's selective recklessness. The market's breathing just fine without Bitcoin carrying all the oxygen. For now.

$113,698‘s (BTC) price from $120,000 to $113,000 has sent ripples throughout the cryptocurrency market. Despite this, XRP, Pi Coin, and Shiba Inu (SHIB) are indicating potential recovery in the coming week. Bitcoin’s market dominance, currently consolidating around 62%, provides a supportive backdrop for possible surges in altcoins. Experts suggest that if key technical levels hold, these three altcoins may convert recent challenges into opportunities.

ContentsXRP and Pi Coin’s Price ProspectsCrucial Levels for Shiba Inu

XRP and Pi Coin’s Price Prospects

XRP’s price neared the 20-day simple moving average threshold of $3.2 before sellers seized an advantage, pulling the price back to $2.8. Buyers are defending support at the psychological $3 mark. If XRP stabilizes at this level, it could consolidate strength within the $3 to $3.33 range in the coming week. Otherwise, there remains a risk of decline to $2.66.

As for PI Coin, a slip below the $0.38 breakout level nudged the price down to the 20-day average at $0.32. This band represents the first line of defense for buyers. A downward breakout might carry the price to $0.21, potentially delaying an upward scenario. However, reclaiming the $0.38 resistance could unlock an advance to $0.45.

Crucial Levels for Shiba Inu

Shiba Inu has depreciated by 27% over the past two weeks, falling to $0.00001179 and deepening its downward trend. Sellers concentrated around $0.000014, pushing the price below $0.000012, testing the lower end of a broad horizontal band. The immediate reactive support stands at the 50-day average of $0.00001016. A rebound from here could spur buyers to push the price above the 20-day moving average.

However, if SHIB’s price decisively dips below $0.00001016, a further decline to $0.000009 could be expected. Amid overall market cautiousness and Bitcoin’s inability to surpass the 63% market share threshold, altcoin investors find some breathing room.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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