Altcoins like SOL, AVAX, HYPE were down 4%-5% before paring losses, while BONK and PENGU plunged 10% then bounced back.
Heavy declines across altcoins extended into a second week, while bitcoin and ether showed relative strength amid growing macro uncertainty.
Bitcoin's dominance lost a key level, and confirmation could ignite a broader altcoin season, a Coinbase analyst noted.
It's more than a five-month high for ETH thanks to tailwinds from corporate ether treasury strategies and ETF inflows.
XRP, SUI and UNI outperformed as the broader crypto market started to digest the violent move higher over the past few days.
The new all-time high on Thursday follows multiple attempts to break above the $112,000 level.
The U.S. government has delayed its deadline to set tariffs to August 1, while Donald Trump threatened countries aligning with BRICS with extra levies.
Lifting crypto sentiment today could be what's being touted as a strong debut for a Solana staking ETF.
Altcoins also posted losses Tuesday as profit-taking and weakness in tech stocks dragged crypto markets lower.
Crypto stayed flat in a volatile first half of the year thanks to bitcoin. Meanwhile, Ethereum's ETH, Solana's SOL and small caps endured steep losses.
U.S. President Trump said that all trade discussions with Canada were being terminated.
Put-call skews show no clear directional positioning for traders in the short-term.
The Trump appointee overseeing the nation's housing agencies said Freddie Mac and Fannie Mae should take mortgage applicants' crypto holdings into account.
Crypto investors don't seem fazed by the attacks.
The sharp reversal from above $106,000 wiped out early optimism, with bulls and bears mostly continuing in a stalemate.
The crypto market was unfazed by the escalating conflict in the Middle East on Monday.
Circle is up 13% on news that Amazon and Walmart are moving into stablecoins.
Troubling macro headlines concerning the Middle East and tariffs failed to shake U.S. stocks, but cryptocurrencies sold off.
Positioning across crypto markets doesn't suggest a top, but neither does it seem ideal for continued rally.
One analyst characterized bitcoin's recovery from last week's decline as a "peaceful rally," with buyers stepping in to support the uptrend.
The group may also be benefitting from a modest rise in the price of bitcoin on Tuesday.
The crypto market wobbled after Trump accused China of violating a tariff truce.
Despite the pullback, BTC holding above the round-number $100,000 level for 20 consecutive days is a bullish sign, LMAX Group market strategist said.
Most U.S. markets were closed for Monday's holiday, but European stocks reacted positively to Trump's moratorium on 50% tariffs.
An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt.
Cryptocurrencies reversed early losses as risk assets shrugged off the Moody's U.S. debt downgrade.
Asset prices across markets largely shrugged off surging Inflation expectations, with crypto prices consolidating sideways.
After testing the $100,000 level early Thursday, bitcoin reversed to above $103,000.
After one month of eye-popping gains, fattened bulls are lightening up after the U.S. and China announced a trade truce.