- Filecoin rises 50% in one day as Bitcoin stabilizes around 102K, showing a clear shift in momentum toward strong-performing altcoins.
- Ethereum nears 3450 while XRP reclaims 2.30, adding support to the broad altcoin recovery that lifts total market sentiment.
- The crypto market value climbs above 3.55 trillion, highlighting renewed confidence after Bitcoin’s recent dip below 100K.
Bitcoin slipped below $100,000 again during the latest pullback, but buyers stepped in before a deeper breakdown and pushed the price back above $102,000, while Filecoin emerged as a clear leader in the altcoin space with a strong move that coincided with a broader recovery across major assets. The renewed interest in decentralized storage, together with improving sentiment in large-cap coins, shaped a session where traders rotated out of pure Bitcoin exposure into selective high-conviction narratives without breaking the wider market structure.
Bitcoin price stabilizes as dominance eases
The week opened with pressure on the benchmark asset after it failed to hold the $111,000 high reached on Sunday and slid first toward $104,000, then under the psychological $100,000 mark for the first time since June, briefly touching levels just below $99,000 before short-covering and spot demand triggered a rebound. That first recovery attempt stalled around $104,000, and repeated failures at that area kept sentiment cautious, with another drop into five-digit territory later in the week. This time, bids appeared earlier: buyers absorbed selling above $99,000 and lifted the price back to roughly $104,000 by Friday evening, before a mild fade left bitcoin trading about $1,500 lower, holding around the $102,000 zone and avoiding a clean breakdown through recent lows. The move left its market capitalization close to $2.05 trillion and its dominance slipping from roughly 58.2% to 57.6% in a single day as capital shifted into stronger-moving alts, a sign that participants currently see better relative opportunities elsewhere rather than broad risk aversion.
Filecoin signals rotation away from sole Bitcoin leadership
Against this backdrop, Filecoin set itself apart with a sharp, focused advance that underlined a rotation theme inside the same market session rather than a blind chase of small caps. While bitcoin moved in a relatively tight band following the defense of $99,000, Filecoin climbed by about 50% on the day and traded above $3.30 at press time, extending its weekly gain to more than 110% and clearly outpacing both the primary asset and its large-cap peers. That rise came while bitcoin dominance eased and while total valuations recovered, suggesting that traders directed fresh flows and reclaimed profits into liquid tokens tied to concrete infrastructure roles such as decentralized data storage instead of dispersing into illiquid speculation. The Filecoin order books showed sustained two-sided activity rather than a thin spike, which helped keep the move in place without an immediate full retrace and reinforced the idea that part of the market now tests alternatives to holding only BTC exposure. In practical terms, the dynamic turned Filecoin into a reference point for the current phase, where any further pullback in bitcoin may coexist with targeted gains in assets that provide clear, measurable functions inside the wider ecosystem.
Broader altcoin rebound anchored by large caps alongside Filecoin
The improvement did not stop with one token. As Filecoin advanced, major altcoins posted firm recoveries that added context to the shift away from sole bitcoin leadership and lowered concentration risk across portfolios. Ethereum gained around 5% on the day and traded near $3,450 to $3,500, reclaiming a stronger position after recent rejections and backing the view that institutional and derivative flows still support the asset on dips. XRP moved above $2.30 after a 5.6% daily rise, rebuilding part of its lost ground and contributing to the decline in BTC dominance. BNB approached the $1,000 mark again, and DOGE registered an increase of more than 9%, while ADA, LINK, SUI, XLM, AVAX and others printed solid green daily candles that aligned with the same recovery window. Alongside these names, NEAR added about 22%, and RENDER, VET, DOT, UNI, LTC and WLD joined the double-digit gainer group over the same period, which confirmed that the rebound was not isolated to one sector or narrative. Within this structure, Filecoin remained a central marker, since its percentage performance exceeded the rest and helped illustrate how specific infrastructure narratives can move faster than the market average during phases of selective risk-taking.
Total market cap recovery to $3.55T with Filecoin-driven sentiment shift
The combined effect of bitcoin stabilization, Filecoin strength and large-cap rotation pushed the overall cryptocurrency market capitalization back above approximately $3.55 trillion, adding over $100 billion in a single day after the sub-$100,000 BTC flush.
This rebound followed several sessions of pressure and liquidations and came without a disorderly spike in dominance for any single asset, which indicates that the move leaned on broad participation rather than narrow short squeezes alone. Market depth around the key levels improved after buyers defended the high five-digit bitcoin area and continued to support assets that showed consistent spot demand, with Filecoin once again positioned as a leading indicator for risk appetite in scalable infrastructure projects. The decline in BTC dominance worked in tandem with this recovery: instead of reflecting capital leaving the asset class, it pointed to a measured redistribution into coins that backed their rallies with clear liquidity and visible trading volumes. As long as bitcoin holds above the defended support region and total capitalization remains anchored near or above the $3.55 trillion mark, the current structure leaves room for further relative performance from selected alts, including Filecoin, while keeping a defined reference point for downside risk management.
Conclusion
Bitcoin avoided a deeper breakdown after slipping below $100,000, stabilized near $102,000 and allowed space for a controlled shift into stronger altcoins, with Filecoin setting the tone through a clear outperforming move backed by notable volume and sustained pricing. The session saw ETH, XRP, BNB and others recover in step, BTC dominance ease from above 58% toward the mid-57% range, and total market capitalization reclaim around $3.55 trillion, which together outlined a landscape driven more by informed rotation than by panic. If buyers continue to defend the same structural levels on bitcoin while liquidity focuses on practical infrastructure assets, Filecoin and its peers can remain central to the next phase of market development within this ongoing cycle.
Disclaimer
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from any company.
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