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This will usher in a broader alternative cryptocurrency — or “altcoin” — season in 2025, with Bitcoin dominance dropping from its current levels of nearly 57% to around 45%, according to the report.

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Today in crypto, Australian computer scientist Craig Wright was given a one-year suspended sentence for contempt of court, Bitcoin miner Hut 8 announced a $100 million purchase of BTC, increasing its holdings to over $1 billion, and Bitcoiners and critics clashed over whether BTC’s 21 million fixed supply is truly guaranteed.

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Kalchev believes Bitcoin’s price movements will become less tied to internal mechanics like the Halving, and more influenced by external factors, such as institutional adoption and geopolitical events.

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The bulls have pushed the price above the 20-day EMA, indicating strength. If buyers maintain the price above the 20-day EMA, the AVAX/USDT pair could rise to the $51 to $56 overhead resistance zone.

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If bulls drive the price above $1.16, the likelihood of a rally to $1.24 and thereafter to $1.33 increases. Conversely, the bears will be back in the driver’s seat if they sink the pair below the $0.90 support.

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Bitcoin rebounded 6.25% from its local low of $90,742 to above $96,000 on Nov. 29 as onchain data suggested whales “took advantage” of discounted prices this week.

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Investor demand for leveraged Ether ETFs has risen over 160% since Trump’s victory in another bullish signal for the world’s second-largest cryptocurrency.

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The ETH ETFs are currently on a four-day winning streak after amassing over $90 million worth of Ether on Nov. 27, Farside Investors data shows.

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This may indicate more incoming institutional inflows into the US spot Ether exchange-traded funds (ETFs), which could significantly boost Ether’s price.

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While Ether has underperformed Bitcoin’s price action over the past year, it’s starting to catch up in the short term. Ether outperformed Bitcoin over the past month, as Ether’s price rose over 34%, while Bitcoin rose over 31%.

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Investor optimism around Ether’s price potential has been growing since Nov. 21, when United States Securities and Exchange Commission (SEC) Chair Gary Gensler announced his departure from the regulatory agency, effecting Jan. 20, shortly before Trump takes office.

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This dynamic may put Ether on track to rally above $4,000 before Jan. 20, when President-elect Donald Trump will take office, according to a Bybit spokesperson, who told Cointelegraph:

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The current decline in Bitcoin open interest suggests it is a result of “considered repositioning,” not mass liquidations, according to a Nov. 28 report by Block Scholes and Bybit Analytics.

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Ether’s price is set for more upward momentum based on growing investor interest and expectations of positive crypto regulations leading into 2025, which could set it up for a rally above $4,000.

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By integrating advanced technologies with a user-first approach, AlgosOne is bridging the gap between everyday investors and the sophisticated tools required to navigate modern markets effectively. Such platforms demonstrate how AI can transform trading into a more accessible and inclusive activity.

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It aims to serve as a counterweight to centralized AI developers — such as OpenAI and Anthropic — which Casey expects will invest in steering regulatory frameworks over the coming years.

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“Major players are lobbying for regulation, often to establish their models as the standard, which can exclude competitors,” Casey said.

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CryptoQuant’s bull-bear market cycle indicator has been in the bull area since early November and has been rising since then. However, the indicator still lags from the overheated bull phase reached for the last time in March 2024, when Bitcoin achieved a new high, trading above $70,000.

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From a realized price valuation perspective, Bitcoin’s top price target is currently at $146,000. “This price band has acted as a top for the price of Bitcoin in previous cycles, such as in April-May 2021,” states the report. “The P&L Index has not reached overvalued levels so far this cycle, which indicates the price would still have room to increase.”

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In a recent Quicktake post on the CryptoQuant platform, an analyst with the pseudonym Darkforst talked about the existing relationship between the price of Bitcoin and gold. According to the pundit, there is an ongoing decoupling beteen the crypto market leader and the gold market.

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