Crypto majors stuck in tight range as altcoin rotation picks up steam
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- Bitcoin stays in a tight $76,000‑$78,000 range as implied volatility slides and options traders sell calls.
- Bitcoin's open interest remains steady around 720,000‑750,000 BTC, mirroring a similarly stable ETH open interest.
- Bitcoin's price stability coincides with AI tokens NEAR jumping 28.5% and FET rising 11.4% while privacy coins DASH, ZEC and XMR lose early‑week gains.
Why it matters: AI‑token investors capture 28.5% gains as NEAR spikes, while privacy‑coin holders lose early‑week rallies; low Bitcoin volatility lets options sellers collect premiums, boosting institutional crypto‑ETF demand.
