Bitcoin Surges as Altcoin Season Approaches

Cointurk2026/01/15 12:33

By:Cointurk

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Bitcoin is hovering close to the $97,000 level, with the anticipated decline not commencing this week. If last week’s employment report had favored the bulls, combined with this week’s inflation data, it could have fostered a more favorable environment. However, things remain on track in the cryptocurrency sector, as the Federal Reserve’s independence is perceived as temporarily beneficial for crypto. Exciting developments have taken place, and Fidelity outlines four reasons supporting bull markets this year.

Reasons for an Altcoin Bull Market Significant Developments

Reasons for an Altcoin Bull Market

Those who sold in the last quarter anticipating a bear market acceleration by 2026 were disappointed. Midway through January, Bitcoin is reaching new highs rather than lows, differing from the bearish conditions of 2022.

Meanwhile, interest rate cuts continue at a slow pace, and quantitative easing (QE) lies ahead of us. Although the Federal Reserve is taking gradual steps, the current trajectory leans towards QE, where cryptocurrencies have performed excellently historically. It is illogical to predict the start of bear markets during QE. Fidelity suggests four key reasons for an altcoin bull market:

Global easing is commencing.
Quantitative tightening (QT) is over; now QE begins.
M2 money supply growth is set to accelerate again by 2026.
Bitcoin is finally closing the gap with other assets.

For the altcoin bull season, ETH is once again expected to lead the rallies. Poppe stated in today’s assessment that a major squeeze is about to trigger an upward breakout.

“A major squeeze is happening in ETH, which might lead to a breakout next week. This is a great sign for the markets, as ETH staying above the 21-day moving average against Bitcoin indicates more risk appetite shifting towards altcoin markets.”

Significant Developments

Yesterday, the Supreme Court did not release the expected tariff decision, pushing the anticipation to next week. This delay is crucial for breaking the short-term negative pressure, yet a tariff decision is still pending. Some attribute the delay to a potential pro-Trump decision, but predicting the outcome remains challenging. Expert predictions currently suggest a 70% likelihood of the decision favoring the cancellation of tariffs.

The significant developments from the last 24 hours are summarized as follows:

Trump announced a 25% customs duty on semiconductors imported from abroad.
Indicating reduced tensions with Iran, Trump lowered WTI crude oil below $60.
JPMorgan projects the ~$130 billion crypto flow from 2025 will continue this year.
Ripple received preliminary approval of EMI from Luxembourg under MiCA.
The Zcash Foundation announced the SEC concluded its investigation without enforcement actions.
The US completed a $500 million Venezuelan oil sale.
The Sui network is back online, functioning normally.
CZ reiterated his long-term vision: Bitcoin reaching $200,000, though the timing remains uncertain.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

1. Crypto outperformed traditional equity indexes following the rate hike, but elevated interest rates remain a key constraint on cross-asset allocation. From September 12 to 18, BTC, ETH, and SOL gained 4.83%, 3.84%, and 9.96%, respectively, while the S&P 500 edged down 0.08%. The U.S. Dollar Index rose 1.11%, and the 10-year U.S. Treasury yield closed at approximately 4.998%. Improving risk appetite is therefore coexisting with elevated discount rates, raising the bar for RWA allocation: investors need to compare not only returns on the underlying assets, but also on-chain liquidity and collateral efficiency. 2. Growth in tokenized equities is occurring even as the overall RWA market remains under pressure. As of September 18, Distributed Asset Value across RWAs stood at $38.503 billion, down 1.13% week over week, while tokenized equities reached $3.056 billion, up 6.03%. This week's data are better explained by capital reallocating across different RWA segments than by a broad-based expansion of the entire RWA market. 3. For exchanges, the opportunity lies in connecting spot holdings, collateral, and derivatives. Reality's distributed asset value stands at approximately $155 million, while eligible rTokens can already be used within Bitget's UTA margin framework. Across CoinGlass's verifiable sample of 177 TradFi instruments, open interest reached approximately $11.498 billion, up 2.06% week over week, even as weekly trading volume declined 7.60%. The medium-term opportunity remains intact, but deeper utilization will depend on liquidity, collateral use, and sustained trading activity. 4.Assets to watch: BTC, ETH, SOL, NEAR, ZEC, gold, tokenized U.S. equities, COST. 5.Key metrics to watch: rToken collateral utilization, the durability of TradFi open interest and trading volume, and next week's employment and consumer data.

Bitget•2026/09/21 06:38