Crypto Daybook Americas: BTC Holds Below $110K as QCP Sees ‘Tight Range’; Altcoins Outperform

By James Van Straten (All times ET unless indicated otherwise)Bitcoin BTC treasury-holding companies continue to be a significant driver of momentum as the largest cryptocurrency by market cap trades just below the $110,000 mark, up 2% in the past 24 hours, and just 2% short of the record high it set last month. Even so, it's underperforming the broader market, as measured by the CoinDesk 20 Index, which has gained 3.4%, and ether ETH, which is more than 6% higher, according to CoinDesk data.According to BitcoinTreasuries source: https://www.coindesk.com/daybook-us/2025/06/10/crypto-daybook-americas-btc-holds-below-usd110k-as-qcp-sees-tight-range-altcoins-outperform