The crypto market is bleeding. $Bitcoin slid to ~$103K and is probing a crucial technical zone, dragging most altcoins lower with it. Against that backdrop, Dash ($DASH) exploded higher ~+170% in the last week and ~+55% in the past 24 hours—turning into the outlier of the day.
Crypto Crash: BTC Price Nears a Line in the Sand
- Bitcoin: down to ~$103K, flirting with a high-stakes area where a decisive loss of support could accelerate fear and forced selling.
- Altcoins: broadly red on the week as liquidity thins and risk appetite fades.
Total crypto market cap in USD – TradingView
This environment usually punishes leverage. Which is why DASH’s strength stands out—and also why traders should respect the risk of a swift mean reversion.
Why Dash is UP
Derivatives impulse. From an on-chain/market-microstructure lens, Open Interest (OI) is approaching ~$100M, indicating a surge in leveraged positioning. Funding has been leaning positive, signaling aggressive long participation. In momentum phases, rising OI + positive funding can amplify upside through short liquidations and trend chasing.
Source: https://cryptoticker.io/en/why-dash-price-is-pumping-while-bitcoin-and-altcoins-crash/