Core Insights - Bitcoin (BTC) reached a peak of $117,300 before settling at $116,400, influenced by anticipation surrounding the Federal Reserve's interest-rate decision [1] - Bitcoin dominance has decreased to 57%, the lowest since January, indicating a shift towards altcoins during a period of low volatility [2] Market Dynamics - The filling of the CME gap suggests potential consolidation for Bitcoin away from critical support levels at $110,000, which may lead to increased capital flow into altcoins [2] - BTC futures open interest has risen to $32 billion, indicating heightened market activity, while the narrowing three-month annualized basis to 6-7% suggests weakening bullish conviction [4] - The options market presents mixed signals, with short-term bearish sentiment indicated by a flat or slightly negative skew for shorter-term options, while a higher volume of calls than puts suggests some traders are still positioning for price increases [4] Altcoin Outlook - The average crypto token RSI is at 45.47, indicating that altcoins are nearing "oversold" territory, which may lead to upward price movements [5] - Historical data shows Bitcoin dominance fell to 33% in 2017 and 40% in 2021, suggesting that altcoins have further room for growth [5] - Future Bitcoin performance, particularly if it approaches record highs of $124,000, will be crucial in determining capital rotation back to Bitcoin from altcoins [5]

CME gap filled ✅ https://t.co/Mjd81s2GnjJohnny (@CryptoGodJohn):CME gap fill next? ...

This #Bitcoin CME gap still hasn’t been filled! https://t.co/yr27UOAy7v ...

[Music] Summer blues. As the holidays draw to a close, BTC ends August with a whimper. Is the 100K level now in danger? Recber. Historically, this is a bad month for financial markets. But amidst the gloom, there are some factors that could take us higher. Today's the day. After months of waiting, the Trump family crypto project is about to go live. Here's what you need to know about some of those crazy numbers and a look at last week's top performers, tweets of the week, dates for your diary, some god tier ...

Bitcoin has CME gap around $117kShould get filled soon https://t.co/gSoi5N8lQa ...

Bitcoin has CME gap around $117kShould get filled soon https://t.co/uCs7wXEPsQ ...

$4k CME gap now https://t.co/Gfht7y3shRJohnny (@CryptoGodJohn):$2k CME gap above https://t.co/VTg1ZjrYO8 ...

Market Trend - The market has a $2 thousand CME gap above [1]

#BTC CME gap closed. Higher!!🚀https://t.co/Y3ZMZKO5yP https://t.co/BEy59ygfIXCryptoJack (@cryptojack):NEW BITCOIN CME GAP! 🚨 https://t.co/Qs8mv3SuoT ...

#BTC CME gap closed. Higher!!🚀 https://t.co/qKULn4zYVV ...