In brief
- Bittensor and Zcash have risen by 10% as Bitcoin rebounds following weekend trading.
- BNB has taken a backseat as traders book profits and rotate to high-beta altcoins with renewed momentum.
- Experts remain optimistic but note that the continuation of a bullish outlook is contingent on cooling macro fears.
Bitcoin’s weekend rebound has set off a selective rally in altcoins, with Bittensor and Zcash leading gains as BNB, last week’s top performer, slipped from focus.
Bitcoin’s rebound from $105,000 to an intraday high of $110,000 came as macroeconomic and geopolitical conditions showed signs of improvement.
The weekend’s strength has set the stage for renewed momentum in altcoins.
"Bitcoin's rally has renewed market confidence," Shawn Young, chief analyst of MEXC Research, told Decrypt. "Traders are now rotating capital into high beta assets to seek short-term outperformance," signaling a comeback in speculative appetite.
Bittensor rose 12% over the past 24 hours, extending gains from last week’s 11.1% rise. Zcash also advanced 10.2%, trimming a seven-day loss of 11.4%, according to CoinGecko.
BNB, by contrast, has lost steam, down 12.3% over the week despite a modest 4.1% daily uptick. The rotation reflects typical market cycles, where shifting narratives and profit-taking after brief rallies redirect capital toward altcoins showing fresh momentum, Young said.
Despite the rebound in altcoins, Bitcoin’s market dominance held steady near 60%, indicating investors remain hesitant to move significantly away from the leading cryptocurrency.
“Over the next few weeks, the focus will shift to whether Bitcoin can hold its key support levels, Shivam Thakral, CEO of BuyUcoin, told Decrypt. "If it does, we could see momentum return, especially around narratives like AI, restaking, and tokenized assets.”
Young, however, expects the trend toward selective strength to continue.
"Altcoins are now entering a phase where selective strength matters more than broad-based rallies," he said. "The next leg would most likely depend on capital inflows extending beyond major Layer-1s into DeFi and AI-linked projects."
Experts who previously spoke to Decrypt maintain a cautiously optimistic stance, suggesting that the macro and geopolitical outlook needs to cool before an explosive uptrend emerges.