LTC and Other Altcoins Show Promise Amid Market Optimism
The cryptocurrency market is experiencing a surge in bullish sentiment, with total market capitalization rising by 1.54% to $3.95 trillion. Trading volume has also seen a significant increase of 34.36%, reaching $161.21 billion. This growth is driven by regulatory clarity from Trump's GENIUS Act and substantial institutional inflows into Ethereum ETFs, which attracted $1.85 billion compared to Bitcoin's modest $72 million. Despite the Altcoin Season Index remaining at 42/100, indicating that altcoin season has not yet fully arrived, certain altcoins like LTC are showing strong potential for a rally. Market optimism is high, and investors are closely watching these developments for opportunities in the coming week.
Top 3 Altcoins Poised for Rally This Week Amid Market Optimism
The cryptocurrency market is riding a fresh wave of bullish sentiment, with total capitalization climbing 1.54% to $3.95 trillion. Trading volume surged 34.36% to $161.21 billion, fueled by regulatory clarity from Trump's GENIUS Act and institutional inflows into Ethereum ETFs, which attracted $1.85 billion compared to Bitcoin's modest $72 million.
While the Altcoin Season Index remains at 42/100—indicating it's not yet altcoin season—upcoming catalysts like the FOMC meeting (July 29-30) and the SEC's Bitwise ETF decision (July 31) could spark momentum. Three altcoins stand out as potential outperformers: Sui (SUI), Litecoin (LTC), and Solana (SOL).
Sui has gained 5.8% this week to $4.22, with its DeFi ecosystem posting $10.3 billion in July DEX volumes—a 657% year-over-year increase. The token recently broke out from a descending broadening wedge pattern, signaling technical strength.
Cryptocurrency Market Gains Momentum as Key Assets Approach Resistance Levels
The cryptocurrency market opened the week on a positive note, with total capitalization nearing $4 trillion amid broad-based gains. Bitcoin reclaimed the $119,000 level after weekend consolidation, while ethereum surged toward $4,000 as institutional interest grows.
Ethereum leads major altcoins with a 4% daily gain, trading at $3,929 as DeFi activity rebounds. solana and XRP both posted over 3% gains, with SOL testing resistance at $195. Market breadth remains strong, though Hedera's 4% decline highlights selective profit-taking.
Traders are positioning for increased volatility as Bitcoin tests a critical resistance zone. The weekend's tight trading range between $117,949 and $119,574 suggests accumulation before a potential breakout. Analysts watch for sustained closes above $120,000 to confirm bullish continuation.
Ethereum Dominates Crypto Fund Inflows as Bitcoin Sees Rare Outflows
Crypto investment products recorded $1.9 billion in net inflows during the past week, marking 15 consecutive weeks of growth. Ethereum led the charge with $1.59 billion inflows—its second-largest weekly gain this year—while Bitcoin unexpectedly posted $175 million in outflows.
The divergence highlights shifting institutional preferences, with ETH's year-to-date inflows now reaching $7.79 billion versus BTC's recent struggles. Solana and XRP followed with $311 million and $189 million inflows respectively, though smaller assets like Litecoin and Bitcoin Cash saw minor redemptions.
July's inflows have already shattered previous monthly records, suggesting sustained institutional interest despite Bitcoin's temporary setback. The data reveals selective capital rotation rather than broad-based market enthusiasm, with smart contract platforms capturing the majority of fresh investment.
