
Altcoins benefit from capital rotation as Bitcoin dominance slides amid consolidation
Major cap altcoins registered double-digit price increases last week, as Bitcoin remains close to its recent all-time high.

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Wallets holding 1,000 BTC to 10,000 BTC shed roughly 14,000 BTC since June 30, while short-term holders added about 382,000 BTC in the same window.

The Fed announcing rate cuts on the horizon could drive Bitcoin above the $110,000, starting a new upside momentum.

Bitfinex Securities' tokenized equity offerings aim to lower entry barriers and broaden alternative investment access.

Despite reversing the correction started on June 12, Bitcoin must break the top of the current consolidation channel to confirm further upside.

Despite the slight correction, Bitcoin is holding above the realized price of $106,900 registered by investors who bought BTC in the past 24 hours.

In addition to the 21,000 BTC transferred, Tether also sent 4,812.22 BTC related to Twenty One Capital's acquisition on May 13.



