Bitcoin Dominance Rises Amidst Mixed Altcoin Fortunes and New Institutional Initiatives
Bitcoin Dominance Rises Amidst Mixed Altcoin Fortunes and New Institutional Initiatives
The cryptocurrency market is experiencing significant shifts, with Bitcoin asserting dominance while altcoins face mixed fortunes. Bitcoin's potential dip below $100,000 is causing market pressure, yet specific altcoins like Tezos (XTZ) and Zcash (ZEC) are highlighted as potential beneficiaries due to their negative correlation with BTC. Additionally, Pi Coin is showing patterns suggesting a potential rally.
In other news, Trust Wallet (TWT) has launched a new "Trust Premium" loyalty program designed to reward users for their active participation within its Web3 ecosystem, aiming to enhance user engagement and the utility of the TWT token.
Meanwhile, institutional adoption of digital assets continues to evolve, with Japanese financial institutions, led by an SBI consortium, planning to introduce 24/7 tokenized stock trading by 2026. This initiative underscores a growing global trend towards tokenizing Real World Assets (RWA).
Bitcoin’s drop toward $100,000 is pressuring most of the market, but a few altcoins are moving differently. Tezos, Pi Coin, and Zcash — each showing a clear negative correlation with Bitcoin — are drawing trader attention as potential gainers if the slide deepens. With whale inflows rising and price supports holding firm, these altcoins could be rare winners in a Bitcoin-led downturn.
Pi Coin (PI) has slipped 5.3% in the past 24 hours, but a cup-and-handle pattern suggests a potential 47% upside. Strengthening money flows and a gradual recovery in buying momentum could make Pi one of the few altcoins to watch for a breakout this month.
[Nov. 4, 2025] Trust Wallet, the world’s leading self-custody web3 wallet with over 210 million users, today announced the launch of Trust Premium, a new loyalty program that rewards users for their ongoing activity inside the wallet. Trust Premium recognizes web3 participation, whether swapping, staking, funding, or simply holding assets, and turns it into lasting
Bitcoin is reclaiming control of the crypto market as altcoins “bleed,” with dominance soaring above 60% for the first time in years. Analysts warn that 2025 may favor Bitcoin and high-quality sectors like DeFi and RWA, leaving speculative altcoins behind.
An SBI-led consortium will introduce 24/7, 1 JPY minimum trading for listed Japanese stocks via digital securities, marking a world-leading institutional effort to tokenize Real World Assets (RWA).