Crypto Markets Today: BTC Reclaims $110K as Softer CPI Boosts Market Sentiment, Altcoins Lag
Bitcoin surpassed $110K following a softer CPI report, improving market sentiment while altcoins continue to underperform.Summary
A cooler-than-expected Consumer Price Index (CPI) print significantly boosted crypto market sentiment, pushing Bitcoin back above $110,000, with Ether nearing $4,000. This positive shift is reflected in Bitcoin's 30-day implied volatility easing from 52% to 45%, signaling a return to calm after recent spikes. However, market positioning shows lingering caution, as BTC put options remain more expensive than calls, indicating persistent downside fears.
In contrast to Bitcoin's recovery, altcoins are lagging significantly. CoinMarketCap's "altcoin season" index has dropped below 25/100, entering "bitcoin season," its lowest level in over 90 days. Major altcoins like FET, BONK, and WIF have seen value drops exceeding 50% over the last three months. Bitcoin dominance has risen from 57% to 59% since mid-September, suggesting investors are favoring BTC over speculative altcoin bets, despite institutional investment in digital assets throughout 2025.
(Source：CoinDesk)