Bitcoin, Ethereum, XRP, Dogecoin Flat As Traders Hope For Altcoin Outperformance

Author: Khyathi Dalal | May 14, 2025 03:18pm

Major cryptocurrencies are trading sideways amid stagnating Bitcoin dominance, potentially signaling increased capital rotation into altcoins.

Cryptocurrency	Price	Gains +/-
Bitcoin (CRYPTO: BTC)	$103,380.01	-0.9%
Ethereum (CRYPTO: ETH)	$2,600.38	-1.6%
Solana (CRYPTO: SOL)	$176.25	-1.5%
XRP (CRYPTO: XRP)	$2.55	-0.3%
Dogecoin (CRYPTO: DOGE)	$0.2335	-2.1%
Shiba Inu (CRYPTO: SHIB)	$0.00001581	-2.7%

Notable Statistics:

• IntoTheBlock data shows large transaction volume increasing by 8.98% and daily active addresses grew by 10.7%. Transactions greater than $100,000 are down from 12,470 to 11,891 in a single day. Exchanges netflows are down by 236.9%.
• Coinglass data reports 139,936 traders were liquidated in the past 24 hours for $408.44 million.
• Crypto chart Ali Martinez observed that over the past three weeks, 100,000 BTC have been withdrawn from exchanges, a sign of growing investor confidence and long-term holding behavior. During the same period, more than $35 billion flowed through the crypto markets, underscoring heightened activity.  
• Martinez also highlighted that if Bitcoin reclaims the $105,244 level, it could trigger $25.38 million in short liquidations, potentially fueling a sharp upside move as bearish positions get squeezed.

Notable Developments:

• Coinbase Becomes First Pure-Play Crypto Stock In S&P 500, Analyst Sees Major Institutional Upside
• Standard Chartered Partners With FalconX To Fuel Institutional Crypto Access As Bitcoin Soars Past $103K
• Cryptocurrency Tycoon’s Daughter Escapes Kidnapping Attempt: Viral Video Captures Terrifying Ordeal
• JPMorgan Completes First Public Trade Of Tokenized Treasuries
• Kevin O’Leary Lauds Robinhood’s Acquisition Of WonderFi Will ‘Transform Cross-Border Trading:’ ‘No More Outrageous Bank Fees’
• Trump Memecoin Adopted By China-Linked Nasdaq Company As Treasury Reserve Asset

Top Losers:

Cryptocurrency	Price	Gains +/-
Pi (CRYPTO: PI)	$0.9652	-18.2%
EOS (CRYPTO: EOS)	$0.8099	-8.7%
Floki (CRYPTO: FLOKI)	$0.0001089	-7.4%

Trader Notes: Stockmoney Lizards noted that Bitcoin has strongly rebounded off key support, reinforcing the bullish structure.

While the conservative target for this cycle is $150,000–$160,000, they see a more probable range between $200,000 and $250,000.

#Bitcoin

bounced off this support like a rubber ball.

150 – 160k is the conservative target for this cycle.

More likely 200 – 250k.

Buy the dips… pic.twitter.com/iaBoJ9I8Lt

— Stockmoney Lizards (@StockmoneyL) May 14, 2025

CrediBULL Crypto commented that BTC bounced off local demand and is now consolidating, a structure that often precedes continuation moves. The key is whether Bitcoin can hold a higher low to resume its uptrend.

Michael van de Poppe pointed to a bearish divergence in Bitcoin dominance, suggesting the ongoing reversal may still have room to play out.

A bearish divergence on #Bitcoin dominance implying that we're continuing the reversal. pic.twitter.com/sqcuL8QACc

— Michaël van de Poppe (@CryptoMichNL) May 14, 2025

Crypto trader Javon Marks observed multiple bullish setups indicating Bitcoin could be on track to new all-time highs. Holding above $67,559 could trigger an 11% rally to $116,652, with a break above that targeting the $165,000 range.

Crypto analyst Miles Deutscher highlighted that Bitcoin supply on exchanges has dropped to a 7-year low, now at just 14%. As demand rises and supply contracts, this sets up conditions for significant bullish pressure and potential price acceleration.

Read Next:

• Bitcoin’s Volatility Makes It Unfit As A Benchmark For Liquid Funds: Report

Image: Shutterstock

Posted In: $BTC $DOGE $EOS $ETH $FLOKI $PI $SHIB $SOL $XRP