Bitcoin Slides 5% But Analysts Say Altcoins Like Cardano and Chainlink Are Quietly Building Strength

The Bitcoin market took another hit this week, dropping 5% after the Federal Reserve’s latest rate cut failed to lift investor sentiment. While the broader crypto landscape remains cautious, smart money is rotating into stronger altcoins such as Cardano, Chainlink and Remittix (RTX). The Ethereum-based PayFi token has now raised over $27.7 million from the sale of more than 681 million tokens at $0.1166 and analysts believe its real-world payment utility could help it outperform traditional assets during this volatile phase.

Bitcoin Price Pulls Back As Market Fear Deepens

Source: TradingView

Bitcoin dropped to under $110,000 on the fourth day of decline. The increase in the volume of trading corresponds to the rebound, which denotes fresh volatility. Analysts believe that the selloff is a display of traders cashing in on recent gains and institutional outflows on Bitcoin ETFs serve as an additional stressor.

The crypto strategist Dom cautioned that the Bitcoin structure was nearing a breaking point. He indicated that the $106,000-108,000 is a make-or-buy area. Bitcoin could revert to the mid-$90,000 level in case it fails to recover. The Fear and Greed Index has also sunk to 31, which is a sign of extreme fear.

Nonetheless, according to the on-chain data, whales are quietly hoarding, draining BTC out of such exchanges as Binance and OKX. This trend indicates that Bitcoin is regarded by long-term investors as a refuge during short-term uncertainty.

Cardano Consolidates But Hints At A Breakout

Source: TradingView

Bitcoin is not performing well, but Cardano (ADA) is performing well technically. The token has an approximate price of $0.61, and it has been in a symmetrical triangle, which is usually followed by a big breakout. According to analysts such as Ali Martinez, ADA must go beyond the $0.80 mark in order to rally to $1.10 or even $1.70.

Cardano’s development progress remains strong. The integration of intent-centric automation through its extended UTxO model has improved cross-chain efficiency, while staking programs continue to attract investors. Institutional interest is also rising, as seen in Cardano’s inclusion in the REX-Osprey ETF. Despite weak short-term volume, ADA’s fundamentals support a positive long-term Cardano price prediction, especially as DeFi adoption on its network grows.

Source: TradingView

In contrast to Bitcoin’s slump, Chainlink (LINK) is maintaining stability between $16.40 and $18.77. Large whale inflows to Coinbase initially spooked traders, but LINK’s ability to absorb selling pressure shows strong accumulation. Exchange reserves have fallen 6.3%, meaning fewer tokens are available to sell, a sign of confidence among holders.

Chainlink’s continued integration with Ondo Finance and its CCIP protocol for cross-chain stablecoin payments underline its role as a key player in decentralized infrastructure. Analysts believe LINK’s steady range could soon give way to a bullish breakout as technical and on-chain strength converge.

Remittix: The Rising Star of the Payment Economy

As Bitcoin, Cardano, and Chainlink are working on technical recovery, Remittix (RTX) is gaining headlines over its practical payment use case. The project is fast, secure, scalable, and bridges crypto and fiat payments in 30+ countries. It has a live wallet beta and CertiK verification is the guarantee of investor confidence.

Here’s why investors are paying close attention:

  • Wallet beta launched, enabling instant crypto-to-bank payments globally
  • $27.7M raised through transparent token sales and growing demand
  • 15% USDT referral rewards, driving community engagement and adoption
  • Business API integration empowering merchants to process cross-border crypto transactions
  • CertiK-audited and verified, ensuring top-tier blockchain security

With market sentiment shaky around Bitcoin, many investors are turning to Remittix as a project with genuine utility and stable momentum. The token’s fusion of fintech efficiency and DeFi innovation makes it one of the best crypto projects of 2025 and a serious contender among low-cap crypto gems. While Bitcoin is cooling off, altcoins like Cardano, Chainlink and Remittix are showing why diversification matters. Technical charts hint at recovery potential, but Remittix’s real-world relevance and investor confidence could make it the true breakout story in the months ahead.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

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