Bitcoin News Today: Oversold Altcoins Poised for August Rebound as Bitcoin Stabilizes Above $117K

The crypto market’s resilience amid recent volatility has positioned several oversold altcoins as potential rebound candidates in August 2025, according to analysts. The total crypto market cap remains stable near $3.84 trillion, with Bitcoin’s performance above $117,000 seen as a critical factor for altcoin recovery. Technical indicators, including converging short-term moving averages and a neutral RSI, suggest bullish momentum could emerge if Bitcoin consolidates [1]. Five altcoins, highlighted for their recent corrections and strong fundamentals, are under close scrutiny for potential rebounds.

Pump.fun ($PUMP) stands out among the selected altcoins, having dropped -38.07% in seven days. Despite the sharp decline, its $448 million 24-hour trading volume and a 5.41% rebound over the past 24 hours signal renewed interest. Analysts note that $PUMP’s meme-driven community and high volatility could catalyze a rapid recovery if Bitcoin stabilizes [1]. Tezos ($XTZ) follows, with a 22.08% weekly loss but a robust staking model and developer ecosystem that may support a technical rebound. Its proximity to cycle lows historically correlates with price rebounds [1]. Sonic ($S) also appears on the list, down 15.46% weekly but bolstered by strong community engagement and rapid adoption. Analysts argue its dip may be temporary in a Bitcoin-driven bullish environment [1].

The broader market context reveals shifting investor sentiment. Bitcoin’s dominance index rose to 48% in July 2025, with Ethereum ($ETH) acting as a proxy for risk-on behavior [2]. Macro factors, including eased U.S. interest rate expectations and increased spot crypto ETF inflows, have contributed to altcoin stabilization, though most tokens still trail pre-Q2 2025 valuations. Binance Coin ($BNB) has outperformed peers due to growing usage in NFT and DeFi ecosystems [3].

Analysts caution that the altcoin segment remains fragmented, with many projects lacking the utility to justify long-term gains. Crypto Catalysts, a Binance Square contributor, emphasizes that “utility and adoption will drive price action over short-term hype,” aligning with declining fear metrics across major altcoins [3]. However, forecasts like Bitcoin hitting $250,000 by year-end 2025, as predicted by an independent crypto entrepreneur, are speculative and not reflected in current price trajectories [5].

The selected altcoins represent diverse use cases, from speculative meme tokens like $PUMP to enterprise-focused blockchains like Tezos. Their potential for recovery hinges on Bitcoin’s stability, macroeconomic conditions, and their ability to execute on promised utility. Investors are urged to balance optimism with caution, as unpredictable risks such as a Fed rate hike loom [1].

Source: [1] Top 5 Altcoins to Watch in August 2025: Oversold Gems [https://cryptoticker.io/en/top-5-altcoins-to-watch-august-2025/](https://cryptoticker.io/en/top-5-altcoins-to-watch-august-2025/)

[2] Crypto News & Insights | Bitcoin News [https://www.kucoin.com/news](https://www.kucoin.com/news)

[3] Crypto Catalysts's Profile | Binance Square [https://www.binance.com/en/square/profile/crypto_catalysts](https://www.binance.com/en/square/profile/crypto_catalysts)

[5] nequi.org Forecast [https://nequi.org/](https://nequi.org/)