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Bitcoin Smashes $110K as Altcoins Ride the Wave—But Traders Aren’t Buying It

Bitcoin Smashes $110K as Altcoins Ride the Wave—But Traders Aren’t Buying It

Author:
Coindesk
Published:
2025-06-10 20:59:16
11
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Bitcoin Rises to $110K as Altcoins Rally; Traders Skeptical of Breakout

Crypto markets surge while Wall Street scrambles to explain the ''irrational exuberance.''

Bitcoin''s latest rally—propelling it past the $110K mark—has altcoins tagging along for the ride. Ethereum, Solana, and even meme coins are posting double-digit gains, but seasoned traders are side-eyeing the breakout.

Is this sustainable growth or just another pump before the dump? The charts say ''moon,'' but the skeptics whisper ''trap.''

Meanwhile, traditional finance pundits clutch their pearls—because nothing terrifies a banker quite like an asset they can’t short with a phone call.

|Square

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