The cryptocurrency market is witnessing a fascinating rotation, as highlighted by recent charts shared by CryptoBullet on X. On November 4, 2025, Bitcoin (BTC) experienced a significant downturn, dropping by 7.31% within a 1-hour timeframe, settling around $100,000 against Tether (USDT). This sharp decline contrasts sharply with the performance of altcoins like ZKsync (ZK) and Internet Computer (ICP), which are showing signs of a robust rally.
ZK surged by an impressive 32.70%, reaching approximately $0.01471, while ICP climbed 59.73%, hitting $2.165. This shift suggests a classic market rotation where capital flows from Bitcoin to promising altcoins, a pattern often observed in the crypto space.
ZKsync’s Strong Rally in Layer-2 Solutions
The charts indicate that Bitcoin’s dominance may be waning temporarily, with the altcoin market capitalizing on the opportunity. ZK’s upward trajectory hints at growing interest in Layer-2 scaling solutions, while ICP’s explosive growth underscores its appeal as a high-potential smart contract platform.
This rotation could signal the start of an altseason, where smaller-cap coins outperform Bitcoin, a phenomenon driven by speculative trading and evolving investor sentiment. The highlighted price movements, captured over a 1-hour period, reflect the volatile yet pattern-based nature of cryptocurrency markets.
Implications for Altseason and Market Dynamics
For investors, this presents both opportunities and risks. The rapid gains in ZK and ICP suggest potential for further upside, but the volatility—evident in Bitcoin’s steep drop—calls for cautious analysis. Monitoring these trends closely, especially with real-time data, will be crucial. As the market evolves, the question remains: will this rotation sustain, or will Bitcoin reclaim its lead? Stay tuned for more insights as this dynamic landscape unfolds.