Bitcoin steadied above $100,000 after two weeks of losses, while altcoins rallied on expectations that President Trump’s proposed $2,000 tariff dividend could inject retail liquidity into the market.
Crypto Markets Today: Altcoins Surge as Bitcoin Rebounds to $106.5K on U.S. Dividend Optimism
Bitcoin steadied above $100,000 after two weeks of losses, while altcoins rallied on expectations that President Trump’s proposed $2,000 tariff dividend could inject retail liquidity into the market.
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The pattern has its roots in the behavioral aspects of trading and often sets the stage for bigger bull runs.
Bitcoin has been consolidating in a range 10%-15% below record highs as investors largely tempered expectations of further interest rate cuts.
History suggests the current move could lead to consolidation around the $60,000 region in the months ahead before the next leg upward.
Funding spikes and liquidations point to positioning build-up, with direction hinging on whether buyers can defend support.