Bitcoin’s Back at the Party - Are Altcoins Still Waiting for the Invite?

After several weeks of sideways movement, the crypto market is finally showing signs of life. But while Bitcoin is gaining momentum, most altcoins are still lagging behind.

Macro Moves & Bitcoin’s Breakout

Recent global market developments have given Bitcoin a boost.

The S&P 500 is down 9% since since April 2, when Trump announced a raft of levies on imports from other countries.  However, a temporary pause on additional tariffs on April 9, coupled with signs of easing U.S.-China trade tensions, helped markets stabilize.

Meanwhile, the U.S. dollar hit a three-year low as Trump continues to criticize Fed Chair Jerome Powell - calling him “Mr. Too Late” and demanding immediate rate cuts. This pressure has further boosted Bitcoin’s appeal as a hedge against both inflation and policy uncertainty.

Institutional interest in Bitcoin is also ramping up. Spot BTC ETFs just saw $381 million in inflows - the highest weekly total since January - as investors look for alternatives to unstable bond and equity markets.

Bitcoin is now trading around $93,000 - its highest level since March - pushing its market cap to $1.8 trillion and increasing its market dominance to over 58%. MicroStrategy - the largest corporate BTC holder - are also seeing gains, with MSTR stock up 8% alongside BTC’s rally.

Altcoin Status: Fartcoin’s Popping, Others Flopping

While Bitcoin is gaining strength, altcoins are struggling to keep up.

A few memecoins like $FARTCOIN are spiking 20%, and Sui and Stacks are catching DeFi and NFT vibes. But overall, the altcoin market cap has dropped by 41%, from $1.6 trillion in December 2024 to about $950 billion by mid-April 2025.

Major tokens like $SOL and $XRP are holding steady, but not showing strong upward trends. Ethereum is still recovering from its earlier losses this year. Institutional interest in Solana and potential ETF exposure may provide some support, but there’s little sign of a broader altseason just yet.

GameFi.org’s View: Still Building for the Next Wave

At GameFi.org, we’re staying focused on long-term growth—regardless of short-term market noise. While Bitcoin’s rise is encouraging, we believe now is the time to keep building.

We're especially paying close attention to infrastructure projects, AI innovations, DePIN (Decentralized Physical Infrastructure Networks), and RWA (Real World Assets). These areas are showing strong potential and will play an important role in shaping the next market cycle.