Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

LinkLayerAI Taps ATT to Boost Web3 Adoption with AI-Powered Incentives and dApps

18/09/2025

ETH Exit Queue Gridlocks As Validators Pile Up

18/09/2025

Ethereum Price Often Rises After FOMC Meetings

18/09/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum Price Often Rises After FOMC Meetings

    18/09/2025

    Ethereum OG Wallet Moves 2,200 ETH to Bybit

    18/09/2025

    BlackRock’s ETH ETF sees $363M inflow in biggest day of gains this month

    18/09/2025

    ETH Going to $5,500 by Mid-October, Says Fundstrat’s Global Head of Technical Strategy

    18/09/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    200+ Digital Artists Redefine Blockchain Creativity

    18/09/2025

    LimeWire Acquires Fyre Festival, Plans Fresh Start With a Crypto Spin

    16/09/2025

    American Express Introduces Blockchain-Based ‘Travel Stamps’

    15/09/2025

    NFT sales show modest recovery, Pudgy Penguins jump 110%

    14/09/2025

    LinkLayerAI Taps ATT to Boost Web3 Adoption with AI-Powered Incentives and dApps

    18/09/2025

    ETH Exit Queue Gridlocks As Validators Pile Up

    18/09/2025

    Ethereum Price Often Rises After FOMC Meetings

    18/09/2025

    Hua Jian and Renhe Launch OTC Drug RWA Platform to Modernize Supply Chains

    18/09/2025
  • Blockchain

    LinkLayerAI Taps ATT to Boost Web3 Adoption with AI-Powered Incentives and dApps

    18/09/2025

    Hua Jian and Renhe Launch OTC Drug RWA Platform to Modernize Supply Chains

    18/09/2025

    AGI Open Network Taps AICEAN to Advance AI-Powered Blockchain Content Creation

    18/09/2025

    Bitkub Exchange Joins Sui Network to Drive Blockchain Adoption and Education

    18/09/2025

    Filecoin & Akave Cloud Launch S3-Compatible

    18/09/2025
  • DeFi

    ETH Exit Queue Gridlocks As Validators Pile Up

    18/09/2025

    Curve Finance Pitches Yield Basis, a $60M Plan to Turn CRV Into an Income Asset

    18/09/2025

    Aave CEO Breaks Silence on Game-changing Upgrade in Q4: Details

    18/09/2025

    Tokenized Assets Shift From Wrappers to Building Blocks in DeFi

    18/09/2025

    Welf Finance Taps Orochi Network For Secure and Decentralized Web3 Finance

    17/09/2025
  • Metaverse

    ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

    17/09/2025

    KaratDAO and SecondLive Partners to Reshape Web3 Identity and Immersive Digital Worlds

    16/09/2025

    Metaverse ‘still has a heartbeat’ as NFT sales jump 27% in August

    12/09/2025

    CreataChain Joins LightCycle to Advance Fashion, Interoperability, and AI in Metaverse

    05/09/2025

    new institutional ‘trust’ layer to boost tokenized ESG investment

    04/09/2025
  • Regulation

    Trump Media Tests ‘Truth Search’ Using Perplexity AI

    17/09/2025

    CZ says stablecoins have defeated CBDCs globally, how come?

    16/09/2025

    Stablecoin Usage Ramps up in Venezuela Amid Rampant Devaluation

    16/09/2025

    South Korean Tech Giant Unveils Bold Crypto

    16/09/2025

    New ETF Filings Hint at Broader Crypto Product Boom Ahead

    16/09/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Hyperliquid tops Nasdaq’s 2024 net income, beats Robinhood’s trading volume 4 months in a row

    18/09/2025

    Gemini Crypto Exchange IPO Pops 14% as Winklevoss Twins Predict $1M Bitcoin

    18/09/2025

    Futu Securities Brings Solana Retail Trading to Hong Kong

    18/09/2025

    World’s Largest Crypto Exchange by Trading Volume Launches Airdrop for New Universal ZK Rollup Protocol

    18/09/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Blockchain Games Break Into the Mainstream

    17/09/2025

    DeBox Partners with Mythoria to Merge AI-Led GameFi and Web3 Social Ecosystem

    16/09/2025

    Crypto Games Keep Shutting Down. This $500K Fund Aims to Help Players Recover

    14/09/2025

    Conflux Network and Salvo Alliance Targets Scalable Web3 Gaming Adoption

    13/09/2025

    Here’s why Bitcon mining stocks Bitfarms and IREN are surging

    18/09/2025

    Bitcoin mining stocks outperform BTC as investors bet on AI pivots

    16/09/2025

    DL Holdings to Enter Bitcoin Mining Through Convertible-Bond Deal

    16/09/2025

    Why Bitcoin Miners Are Powering AI’s Expansion

    14/09/2025

    Pakistan invites global crypto firms to apply for operating licenses: Report

    18/09/2025

    Bank of England’s Proposed Stablecoin Ownership Limits are Unworkable, Says Crypto Group

    18/09/2025

    “It Would Shoot First and Ask Questions Later”

    18/09/2025

    Italian, French, and Austrian Regulators Propose MiCA Changes to EU Crypto Oversight

    18/09/2025

    LinkLayerAI Taps ATT to Boost Web3 Adoption with AI-Powered Incentives and dApps

    18/09/2025

    ETH Exit Queue Gridlocks As Validators Pile Up

    18/09/2025

    Ethereum Price Often Rises After FOMC Meetings

    18/09/2025

    Hua Jian and Renhe Launch OTC Drug RWA Platform to Modernize Supply Chains

    18/09/2025
  • MarketCap
NBTC News
Home»Ethereum»Is The Altcoin Season Officially On?
Ethereum

Is The Altcoin Season Officially On?

NBTCBy NBTC25/11/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Ethereum (ETH) continues to absorb Bitcoin (BTC) selling pressure in November, looking at price action when writing on November 24. In the daily chart, ETH bulls have the upper hand, adding roughly 9% versus BTC from October lows. 

Ethereum Outperforms Bitcoin In November

ETH buyers are firm, with price action still confined inside the conspicuous bullish engulfing bar of November 9. Despite bears forcing prices lower in the second week of November, the failure of BTC bulls to reverse all losses suggests that ETH buyers are still in command.

If anything, prices may rise in the days ahead, reversing losses of the better part of 2022 when Bitcoin, buoyed by a crash in the altcoin scene, forced capital to the world’s most valuable currency. 

Ethereum price price trending upward versus Bitcoin on the daily chart | Source: ETHBTC on Binance, TradingView

With Ethereum being resilient, reading from its performance in the ETH/BTC chart, hints suggest that the altcoin season could be in the early stages. Should that be the case, it will be a reprieve for ETH and other altcoins, including Cardano (ADA). 

Following the dip in 2022, most altcoins capitulated, with most falling by over 80% from 2021 peaks as the crypto winter progressed, freezing gains. The situation took a turn south in 2023 when regulators continued with their enforcement actions against CeFi facilitators, mostly exchanges like Binance and Coinbase.

Their decision negatively impacted liquidity, as evidenced in other trending altcoins like Solana (SOL). ETH remains relatively firm at spot rates versus BTC, extending gains in late November. This could indicate that demand is beginning to pivot toward altcoins, with ETH, the most liquid of them all, leading the way.

Since other altcoins have relatively thinner liquidity, they tend to recover faster but generally align with ETH. If the ETH revival is sustained, reading from the candlestick arrangement in the daily chart, the leg up might also be accelerated by several macro tailwinds.

BlackRock Applies For Spot Ethereum ETF, Will ETH Reach $26,800?

In November, BlackRock, one of the world’s largest asset managers, filed for a spot Ethereum ETF. It comes when the broader crypto market expects the Securities and Exchange Commission (SEC) to approve the first spot Bitcoin ETF in the country. This application signals that BlackRock is confident about Ethereum’s investment products. 

Additionally, the on-chain analytics platform, Token Terminal, recently issued a bold report forecasting ETH to reach $36,800 by 2030. Token Terminal expects Ethereum to process over $14 trillion of the finance industry’s value in the next seven years.

Ethereum would likely dominate at this pace, driven by sharp growth in decentralized finance (DeFi) and other crypto sub-sectors.

Feature image from Canva, chart from TradingView

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Ethereum Price Often Rises After FOMC Meetings

18/09/2025

Ethereum OG Wallet Moves 2,200 ETH to Bybit

18/09/2025

BlackRock’s ETH ETF sees $363M inflow in biggest day of gains this month

18/09/2025

ETH Going to $5,500 by Mid-October, Says Fundstrat’s Global Head of Technical Strategy

18/09/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

LinkLayerAI Taps ATT to Boost Web3 Adoption with AI-Powered Incentives and dApps

18/09/2025

ETH Exit Queue Gridlocks As Validators Pile Up

18/09/2025

Ethereum Price Often Rises After FOMC Meetings

18/09/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.