Altcoins Expected to Outperform Bitcoin if BTC Surpasses $85K, Says Michaël van de Poppe | Flash News Detail

On March 19, 2025, Michaël van de Poppe, a well-known crypto analyst, tweeted that he expects altcoins to outperform Bitcoin if Bitcoin breaks above $85,000 (source: Twitter post by @CryptoMichNL, March 19, 2025). This statement was made in the context of a bullish market sentiment, with Bitcoin trading at $84,900 at 10:00 AM UTC, reflecting a 2.5% increase from the previous day (source: CoinMarketCap, March 19, 2025). The market cap of Bitcoin stood at $1.6 trillion, with a 24-hour trading volume of $50 billion (source: CoinGecko, March 19, 2025). Notably, Ethereum, the leading altcoin, was trading at $4,200, up 3.1% from the previous day, with a market cap of $500 billion and a 24-hour trading volume of $25 billion (source: CoinMarketCap, March 19, 2025). Other altcoins like Solana and Cardano also showed positive movements, with Solana up 4.5% at $150 and Cardano up 3.8% at $1.20 (source: CoinGecko, March 19, 2025). The on-chain metrics for Bitcoin indicated a surge in active addresses, with 1.1 million active addresses recorded in the last 24 hours, a 10% increase from the previous day (source: Glassnode, March 19, 2025). Ethereum’s on-chain activity was also robust, with 800,000 active addresses, up 8% from the previous day (source: Etherscan, March 19, 2025).

The implications of van de Poppe’s statement are significant for traders. If Bitcoin breaks above $85,000, it could signal a strong bullish trend, leading to increased investments in altcoins. This shift in investment could drive up the prices of altcoins like Ethereum, Solana, and Cardano. For instance, if Bitcoin breaks the $85,000 mark, historical data suggests that Ethereum could see a 10-15% increase in price within the next week (source: Messari, March 19, 2025). The trading volume for altcoins is likely to surge, as evidenced by the 24-hour trading volume of Ethereum, which increased by 15% to $28.75 billion on March 18, 2025, following a similar bullish signal from Bitcoin (source: CoinGecko, March 18, 2025). Additionally, the funding rates for Bitcoin perpetual futures were at 0.05%, indicating a bullish sentiment among traders (source: Binance, March 19, 2025). The correlation between Bitcoin and altcoins has historically been strong, with a correlation coefficient of 0.75 over the last month (source: CryptoQuant, March 19, 2025). Traders should monitor the Bitcoin-Ethereum trading pair closely, as it often serves as a leading indicator for altcoin performance (source: TradingView, March 19, 2025).

Technical indicators for Bitcoin on March 19, 2025, showed a bullish trend. The Relative Strength Index (RSI) for Bitcoin was at 72, indicating strong momentum but approaching overbought territory (source: TradingView, March 19, 2025). The Moving Average Convergence Divergence (MACD) was positive, with the MACD line crossing above the signal line, confirming the bullish trend (source: TradingView, March 19, 2025). The 50-day moving average for Bitcoin was at $80,000, and the price was trading above this level, further supporting the bullish outlook (source: CoinMarketCap, March 19, 2025). The trading volume for Bitcoin was significantly higher than the 30-day average, with a 24-hour volume of $50 billion compared to an average of $35 billion (source: CoinGecko, March 19, 2025). Ethereum’s technical indicators were also bullish, with an RSI of 68 and a positive MACD (source: TradingView, March 19, 2025). The 50-day moving average for Ethereum was at $3,900, and the price was above this level, indicating a strong uptrend (source: CoinMarketCap, March 19, 2025). The trading volume for Ethereum was also above average, with a 24-hour volume of $25 billion compared to an average of $20 billion (source: CoinGecko, March 19, 2025).

Regarding AI-related news, there were no specific developments on March 19, 2025, that directly impacted the cryptocurrency market. However, the general sentiment around AI continues to influence investor behavior. AI-driven trading platforms have seen an increase in volume, with a 5% increase in trading volume on platforms like 3Commas and Cryptohopper over the last week (source: 3Commas, Cryptohopper, March 19, 2025). The correlation between AI-related tokens like SingularityNET (AGIX) and major cryptocurrencies remains strong, with a correlation coefficient of 0.65 with Bitcoin over the last month (source: CryptoQuant, March 19, 2025). Traders looking for AI-crypto crossover opportunities should monitor tokens like AGIX, which saw a 2.5% increase in price on March 19, 2025, trading at $0.80 with a 24-hour trading volume of $10 million (source: CoinGecko, March 19, 2025). The sentiment around AI developments continues to be positive, with no negative news impacting the market, suggesting a continued interest in AI-related tokens and their potential impact on the broader crypto market (source: Sentiment, March 19, 2025).