Altcoin Prices Continue to Decline as Bitcoin Stabilizes at $107,000

The cryptocurrency market remains divided as Bitcoin stabilizes at $107,000 while most major altcoins continue to decline, signaling ongoing investor caution across the sector.
Bitcoin Finds Support at $107K
After sharp volatility earlier this month, Bitcoin appears to have found short-term price stability around the $107,000 mark. Traders report reduced liquidation levels and tighter trading ranges, suggesting the market may be entering a consolidation phase.
Altcoins Struggle to Recover
In contrast, leading altcoins such as Ethereum, Solana, and Cardano have posted declines between 6% and 12% over the past week. Analysts attribute this drop to declining trading volume, risk aversion, and a lack of fresh institutional inflows following the recent Bitcoin correction.
Shift Toward Safer Crypto Assets
The trend highlights a broader rotation among investors toward large-cap assets like Bitcoin while exiting smaller, more volatile coins. This pattern mirrors previous market cycles where Bitcoin dominance increases during periods of uncertainty.
Market Outlook
Experts suggest that sustained Bitcoin stability above $105,000 could provide a base for renewed market confidence. However, altcoins may continue to lag unless trading volumes improve and macroeconomic conditions stabilize.
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