Bitcoin Surges 99% Yearly Despite Altcoin Market Dominance

Bitcoin just delivered a masterclass in staying power—soaring 99% while altcoins scramble for relevance.

The King's Resilience

While speculative tokens flash and fade, Bitcoin's yearly performance reminds everyone why it wears the crown. No fancy narratives needed—just relentless upward momentum that leaves other digital assets playing catch-up.

Traditional Finance's Slow Dance

Meanwhile, legacy institutions keep hosting conferences about 'blockchain adoption' while missing the real story unfolding right in front of them. They'll probably launch another ETF to feel involved.

Market dynamics don't lie—sometimes the original recipe just works better than all the new flavors combined.

Bitcoin steadies ahead of Fed

The Federal Open Market Committee (FOMC) begins its two-day meeting on Tuesday, with investors bracing for Wednesday’s outcome. Bitcoin, which set an all-time high of $124,533 in August before slipping to $109,907 on September 1, has since rebounded to trade between $114,395 and $116,833. 

At press time, Bitcoin was at $114,992, marking a modest 0.08% daily gain but still down 2.7% over 30 days. On a yearly view, however, the cryptocurrency is up 99%.

Down? Swap to 1-year charts 😊 pic.twitter.com/PRblNruZXm

Altcoins seize 85% of futures volume as traders bet on Fed outcome

With Bitcoin’s momentum stalling, altcoins have seized the spotlight, now accounting for 85.2% of total futures trading volume, according to CryptoQuant analyst Maartunn. ethereum and other major tokens are driving the surge as the gap between Bitcoin and altcoin open interest widens to record levels. 

Altcoins (including Ethereum) are leading the dance 🕺

At this moment, they make up 85.2% of total futures trading volume.

What this shift means for the market 👇 https://t.co/rTsGW2AutU pic.twitter.com/y9TbIHebAg

Traders are betting heavily on this shift, but whether altcoin dominance proves lasting or merely speculative will hinge on Bitcoin’s next MOVE following the Fed’s policy decision.

Also read: Google Launches AI Payment Protocol With Coinbase & Mastercard