Bitcoin Pullback and ETF Lull Fuel Rotation Into Altcoins
Traders see consolidation as a cue to hunt higher‑upside plays across newer tokens.
Overview
- Bitcoin trades just above $111,000 after a peak near $126,000, reinforcing talk of a shift toward alternative coins, according to CoinCentral.
- Farside-cited figures show spot Bitcoin ETF momentum easing, with $197 million in inflows Thursday followed by $4.5 million in outflows Friday.
- Institutional interest in Solana is highlighted by reports of treasuries accumulating roughly 6.3 million SOL over the past 30 days.
- Ethereum is presented as the lower‑risk anchor for allocations, with about $50 billion in total value locked and the Dencun upgrade targeting lower fees and greater scalability.
- MAGACOIN FINANCE is drawing presale attention with reported CertiK and HashEx audits, while fundraising (~$16.5 million) and participant counts (>20,000) are claims with limited independent verification.