ALTCOINS BAG DOUBLE-DIGIT GAINS AS BITCOIN PRICE APPROACHES $37,000

The cryptocurrency market experienced a significant surge recently, fueled by Bitcoin's (BTC) decisive push through the $35,000 resistance level. Altcoins bag double-digit gains as Bitcoin price approaches $37,000 MATIC, SUSHI and CAKE soar after Bitcoin bulls finally press the price above the $35,000 resistance. Cryptoplugg.com the Safest, CryptoJedi - Altcoins bag double-digit gains as BitcoinThis breakthrough ignited a wave of optimism, propelling the total crypto market capitalization upwards by a staggering $93 billion.What's even more remarkable is that a substantial $50 billion of this influx flowed directly into altcoins, creating a ripple effect that resulted in many of them achieving impressive double-digit gains. Altcoins bag double-digit gains as Bitcoin price approaches $37,000 Written by Richard Ingram Posted in Cryptocurrency Comments 0 Cryptocurrency prices surged on June 29 as Bitcoin (BTC) price pushed through the $35,000 resistance level and lifted the total market cap by $93 billion, with $50 billion of that total flooding into altcoins.As Bitcoin sets its sights on $37,000 and beyond, many analysts are whispering about the arrival of ""altcoin season,"" a period where alternative cryptocurrencies outperform Bitcoin in terms of percentage gains. Altcoins bag double-digit gains as Bitcoin price approaches $37,000. Altcoins bag double-digit gains as Bitcoin price approaches $37,000. Open in AppThis surge highlights the dynamic nature of the cryptocurrency market and the growing interest in diverse digital assets beyond Bitcoin.This article explores the factors driving this altcoin rally, spotlights some of the best performing altcoins, and examines what this trend could mean for the future of crypto investments. ETC struggled near the aforementioned price level for the past few weeks. However, with close to 17% gains in the past week ETC has now managed to break the downtrend. Bitcoin was bordering $39k at the time of writing. As Bitcoin had climbed up on its chart, major altcoins followed the same price movement. Price Analysis: ETC/USD Four Hour ChartGet ready to dive deep into the world of altcoins as they ride the wave of Bitcoin's bullish momentum!

Bitcoin's Breakthrough and the Altcoin Surge

Bitcoin's recent performance has undoubtedly been the catalyst for the altcoin rally. Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates. BTC $ 104,402.14After struggling to overcome the $35,000 resistance for some time, Bitcoin finally broke through, achieving a 7% gain and climbing above $36,000.This upward momentum instilled confidence in the market, leading traders to anticipate further rallies towards the $38,000 to $41,000 range.The renewed bullish sentiment surrounding Bitcoin directly impacted the altcoin market, triggering a surge in trading volume and price appreciation.

This isn't just a fleeting moment; the total altcoin market capitalization has reached levels not seen since 2025, peaking at $659.5 billion.This significant milestone underscores the growing maturity and acceptance of altcoins as viable investment options.

Key Altcoins Leading the Charge

Several altcoins have emerged as frontrunners in this recent rally, demonstrating significant gains and attracting considerable investor attention.Here are a few notable examples:

• MATIC (Polygon): Polygon, a layer-2 scaling solution for Ethereum, has experienced a remarkable surge. Bitcoin is gaining but altcoins beat it on the road to $ Bitcoin price nears $36K as altcoins make 10% gains . remained at both $37,000 and $40,000. BTC/USD buy and sell positions onIts popularity stems from its ability to provide faster and cheaper transactions compared to the Ethereum mainnet, making it attractive to developers and users alike.
• SUSHI (SushiSwap): SushiSwap, a decentralized exchange (DEX), has also performed exceptionally well. The live Bitcoin price today is $104,364 USD with a 24-hour trading volume of $50,255,072,425 USD. We update our BTC to USD price in real-time. Bitcoin is up 3.00% in the last 24 hours. The current CoinMarketCap ranking is 1, with a live market cap of $2,074,268,134,973 USD.Its innovative features and community-driven approach have contributed to its growing adoption and value.
• CAKE (PancakeSwap): PancakeSwap, a popular DEX on the Binance Smart Chain, has seen significant growth in trading volume and user base. ⁠Bears back off, but Bitcoin price still wavers below $35K Bitcoin price briefly surged above $35,000 to spark a relief rally in altcoins but a number of bearish factorsIts user-friendly interface and diverse range of DeFi products have made it a favorite among crypto enthusiasts.

These are just a few examples, and numerous other altcoins have also participated in this market-wide rally. Altcoins bag double-digit gains as Bitcoin price approaches $37,000 Cryptocurrency prices surged on June 29 as Bitcoin (BTC) price pushed through the $35,000 resistance level and lifted the total market cap by $93 billion, with $50 billion of thatThe specific reasons behind the success of each altcoin vary, but they generally share common factors such as strong fundamentals, innovative technology, and growing community support.

Analyzing the Factors Driving Altcoin Season

While Bitcoin's price action is a major driver, several other factors contribute to the emergence of an ""altcoin season."" Understanding these factors can help investors make more informed decisions.

Reduced Bitcoin Dominance

Bitcoin dominance, which measures Bitcoin's market capitalization relative to the rest of the cryptocurrency market, often declines during altcoin season.This happens as investors diversify their holdings and allocate capital to altcoins with higher growth potential.

Increased Risk Appetite

A general increase in risk appetite among investors can also fuel altcoin rallies. As this article is being written, the king cryptocurrency is attempting to surpass $37,000, continuing its November rally. The rally that started in October has allowed the Bitcoin price to recover to levels where the decline accelerated in 2025. The recent price movement shows that both the rise and the fall can be impressive and persistent.Altcoins are generally considered riskier investments than Bitcoin, but they also offer the potential for higher returns.When investors are feeling optimistic about the market, they are more likely to allocate capital to these higher-risk assets.

Specific Project Developments and News

Positive news and developments surrounding specific altcoin projects can also drive their prices higher.This could include announcements of new partnerships, successful product launches, or significant upgrades to the underlying technology.

Ethereum's Influence

Ethereum (ETH) has huge influence on the altcoin market, as it is the platform of choice to build and launch most altcoins.Any positive developments in the Ethereum ecosystem like upcoming upgrades, or increased adoption can trigger growth of altcoins built on its blockchain.

Is Altcoin Season Here to Stay?

While the recent performance of altcoins is encouraging, it is important to exercise caution and avoid making rash investment decisions.The cryptocurrency market is inherently volatile, and altcoin rallies can be short-lived.

Several factors could potentially derail the current altcoin season:

• Bitcoin Correction: A significant correction in Bitcoin's price could trigger a sell-off in the broader cryptocurrency market, including altcoins.
• Regulatory Uncertainty: Increased regulatory scrutiny of the cryptocurrency market could negatively impact investor sentiment and lead to price declines.
• Black Swan Events: Unexpected events, such as major security breaches or economic crises, could disrupt the market and trigger a flight to safety.

It is crucial to conduct thorough research and assess your own risk tolerance before investing in altcoins.Diversifying your portfolio and avoiding excessive leverage can help mitigate the risks associated with these investments.

Practical Strategies for Navigating Altcoin Season

If you are considering investing in altcoins during this rally, here are some practical strategies to help you navigate the market effectively:

1. Do Your Own Research (DYOR): Thoroughly research any altcoin you are considering investing in.Understand its technology, use case, team, and community.Read whitepapers, analyze market data, and follow reputable sources of information.
2. Diversify Your Portfolio: Don't put all your eggs in one basket. MATIC, SUSHI and CAKE soar after Bitcoin bulls finally press the price above the $35,000 resistance. Altcoins bag double-digit gains as Bitcoin price approaches $37,000 - Crypto In Your Net Skip to contentSpread your investments across a variety of altcoins to reduce your overall risk.
3. Set Realistic Expectations: Altcoins can be highly volatile, so it's important to set realistic expectations and avoid chasing quick profits.Focus on long-term growth potential rather than short-term gains.
4. Use Stop-Loss Orders: Implement stop-loss orders to limit your potential losses in case the market turns against you.
5. Stay Informed: Keep abreast of the latest news and developments in the cryptocurrency market.Follow reputable news sources, attend industry events, and engage with the crypto community.

Understanding the Risks and Rewards

Investing in altcoins presents both significant risks and potential rewards. Alex Mashinsky has tripled down on bitcoin saying it can hit $160,000 this year. This is as key bitcoin indicators flash BUY for the 5th time in history. 650 US Banks will soon be able to offer crypto to more than 24 million customers. One bitcoin billionaire has reportedly turned up no longer living. Bad Crypto News for the week for June 30th, 2025.It's important to understand the tradeoff between the two before allocating capital.

Potential Rewards

• High Growth Potential: Altcoins, particularly smaller-cap ones, have the potential to deliver significantly higher returns than Bitcoin, especially during an altcoin season.
• Diversification: Adding altcoins to your portfolio can help diversify your holdings and reduce overall risk.
• Exposure to Innovation: Investing in altcoins allows you to gain exposure to innovative technologies and use cases that are not yet available in the mainstream.

Potential Risks

• High Volatility: Altcoins are notoriously volatile, and their prices can fluctuate dramatically in short periods.
• Lower Liquidity: Some altcoins have lower liquidity than Bitcoin, making it more difficult to buy and sell them quickly without affecting the price.
• Scam Risk: The altcoin market is rife with scams and fraudulent projects, so it's important to be extra cautious and do your due diligence before investing.
• Regulatory Risk: The regulatory landscape surrounding cryptocurrencies is still evolving, and increased regulatory scrutiny could negatively impact the value of altcoins.

Spotlight: The Performance of MATIC, SUSHI, and CAKE

As mentioned earlier, MATIC, SUSHI, and CAKE have been among the standout performers in the recent altcoin rally. Altcoins bag double-digit gains as Bitcoin price approaches $37,000 Cryptocurrency prices surged on June 29 as Bitcoin (BTC) price pushed through the $35,000 resistance level and lifted the totalLet's take a closer look at what's driving their success.

MATIC (Polygon)

Polygon's success is largely attributed to its role as a leading layer-2 scaling solution for Ethereum.It addresses the scalability issues of the Ethereum mainnet by providing a faster and cheaper platform for decentralized applications (dApps). 4.9K subscribers in the CryptoToFuture community. High-quality, non-speculative, filtered news about CryptoCurrencies.The growing adoption of dApps and the increasing demand for scalable blockchain solutions have fueled the demand for MATIC.

Polygon's key features include:

• Faster Transactions: Polygon can process transactions much faster than Ethereum, significantly improving the user experience.
• Lower Fees: Transaction fees on Polygon are significantly lower than on Ethereum, making it more accessible to users.
• EVM Compatibility: Polygon is fully compatible with the Ethereum Virtual Machine (EVM), making it easy for developers to migrate their dApps from Ethereum.

SUSHI (SushiSwap)

SushiSwap is a decentralized exchange (DEX) that offers a variety of innovative features and a community-driven approach. MATIC, SUSHI and CAKE soar after Bitcoin bulls finally press the price above the $35,000 resistance. Altcoins bag double-digit gains as Bitcoin price approaches $37,000 EcosystemIt's a fork of Uniswap, but it has introduced several improvements and features that have attracted a loyal user base.

SushiSwap's key features include:

• Yield Farming: SushiSwap allows users to earn rewards by providing liquidity to the exchange.
• Staking: SUSHI token holders can stake their tokens to earn additional rewards.
• Governance: SUSHI token holders have the power to vote on proposals and influence the direction of the SushiSwap platform.

CAKE (PancakeSwap)

PancakeSwap is a popular decentralized exchange (DEX) built on the Binance Smart Chain (BSC).Its user-friendly interface, low fees, and diverse range of DeFi products have made it a favorite among crypto enthusiasts.

PancakeSwap's key features include:

• Trading: PancakeSwap allows users to trade a wide range of tokens on the BSC.
• Farming: PancakeSwap offers various farming opportunities where users can earn CAKE tokens by providing liquidity.
• Lottery: PancakeSwap features a lottery where users can win CAKE tokens.
• NFTs: PancakeSwap has a marketplace for trading non-fungible tokens (NFTs).

Frequently Asked Questions (FAQs)

What is Altcoin Season?

Altcoin season is a period in the cryptocurrency market when altcoins outperform Bitcoin in terms of percentage gains. Altcoins bag double-digit gains as Bitcoin price approaches $37,000Source: CointelegraphPublished on digit gains as Bitcoin price approaches $37,000It is typically characterized by increased trading volume and price appreciation in altcoins.

How Can I Identify Altcoin Season?

Several indicators can suggest the arrival of altcoin season, including declining Bitcoin dominance, increasing altcoin market capitalization, and positive news and developments surrounding altcoin projects.

Is It Safe to Invest in Altcoins?

Investing in altcoins carries both risks and potential rewards. מחירי מטבעות קריפטו זינקו ב-29 ביוני כאשר מחיר הביטקוין (BTC) דחף את רמת ההתנגדות של 35,000 דולר והעלה את שווי השוק הכולל ב-93 דולרAltcoins are generally more volatile than Bitcoin and are subject to a higher risk of scams and regulatory uncertainty.It is important to do your own research, diversify your portfolio, and set realistic expectations before investing in altcoins.

Where Can I Buy Altcoins?

Altcoins can be purchased on various cryptocurrency exchanges, including centralized exchanges like Binance and Coinbase, and decentralized exchanges like Uniswap and SushiSwap.

What is Bitcoin Dominance?

Bitcoin dominance is a measure of Bitcoin's market capitalization relative to the rest of the cryptocurrency market.It is calculated by dividing Bitcoin's market cap by the total crypto market cap.

Conclusion: Riding the Altcoin Wave Responsibly

The current altcoin rally, fueled by Bitcoin's surge towards $37,000, presents both exciting opportunities and potential risks for investors.While the prospect of double-digit gains is alluring, it's crucial to approach altcoin investments with caution, conducting thorough research, and diversifying your portfolio.Remember that market conditions can change rapidly, and it's essential to stay informed and adapt your strategy accordingly.By understanding the factors driving altcoin season and implementing sound risk management practices, you can increase your chances of navigating this dynamic market successfully.

Key takeaways from this article:

• Bitcoin's price movement strongly influences the altcoin market.
• Altcoin season is characterized by altcoins outperforming Bitcoin.
• MATIC, SUSHI, and CAKE are some of the notable altcoins leading the current rally.
• Thorough research and diversification are essential for successful altcoin investing.
• The cryptocurrency market is volatile, and risk management is crucial.

Ultimately, the decision of whether or not to invest in altcoins is a personal one that should be based on your individual circumstances and risk tolerance. The continued bullish price action of altcoins has led some analysts to declare that altcoin season has arrived, with the total altcoin market cap having reached a 2025 high of $659.5 billion at the tHowever, by arming yourself with knowledge and exercising caution, you can position yourself to potentially benefit from the opportunities that altcoin season may offer.

Ready to take the next step? Altcoins bag double-digit gains as Bitcoin price approaches $37,000 MATIC, SUSHI and CAKE soar after Bitcoin bulls finally press the price above the $35,000 resistance.Explore different altcoins, analyze their whitepapers, and consider your risk appetite.Remember to consult with a financial advisor before making any investment decisions.Good luck!