... facilitated by positive news – for example, successful launches of new projects on Cardano or an overall rise of altseason. At the same time, the moderate scenario accounts for the possibility of absence of sharp movements: if Bitcoin continues to dominate, ADA/BTC is more likely to stay closer to the lower boundary of the range (~0.000008). Thus, the forecast implies a moderate strengthening of Cardano against Bitcoin – without exponential growth but also without revisiting minimal values. Investors should ...

... have doubled over the past week. Meme coins are not far behind: the price of Pepe (PEPE) skyrocketed over 40%, while Shiba Inu (+30%) and Dogecoin (+10%) continued their rally fueled by retail investors’ hype. Such spikes contribute to the decline in BTC dominance and the increase in the overall capitalization of altcoins, reflecting shifting trends in the market. The heightened volatility of altcoins, combined with positive news, compels market participants to reshape their cryptocurrency portfolios ...

... However, their scale is significantly smaller: the main interest of participants focuses on the final August date. Deribit — The Dominant Options Platform The lion's share of crypto options is set to expire on Deribit , which remains the undisputed leader ... ... of cryptocurrency options. The August expiration will be no exception: according to Deribit, thousands of contracts tied to BTC and ETH will expire at the end of the month. Preliminary estimates indicate that there is an open interest of around $10 ...

... Dynamics to the Crypto Market. It’s interesting to observe USDT's behavior in relation to other major crypto assets. While the USDT price against Bitcoin or Ethereum is primarily determined by the movement of the latter (as USDT is nearly fixed while BTC/ETH are volatile), there are indirect indicators. One such metric is the share of stablecoins in the overall market capitalization of the cryptocurrency market, or the dominance of stablecoins. During bearish market phases, when the prices of cryptocurrencies decline, the share of USDT and other stablecoins in the overall "pie" increases: investors move out of risky assets, boosting the combined capitalization ...

... Correlation with Bitcoin Price and Overall Market Trends Ethereum historically exhibits high correlation with Bitcoin. In 2024, the flagship cryptocurrency set the tone for the entire market, reaching new highs after the halving, and Bitcoin dominance (BTC Dominance) increased. Against this backdrop, Ethereum lagged for a while (the ETH/BTC pair even dropped to multi-year lows); however, typically, Bitcoin's price increases eventually lead to capital flowing into major altcoins. Many analysts anticipate ...