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XRP's Rise Challenges Bitcoin's Dominance: Top Analyst

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Bitcoin dominance wavering as altcoins, led by XRP, gain ground

Other altcoins such as XRP and SOL have also seen notable gains, each climbing by over 2%. This upward trend of altcoins briefly led the Altcoin Signal into the altcoin season zone.Dogecoin , an altcoin known for its strong narrative, is leading the pack in market gains following Elon Musk's move to rebrand Twitter to X.

XRP's performance is especially noteworthy in the current altcoin upswing. According to CoinGecko data, XRP is trading at $0.72, representing a 2.4% increase.. The controversial token continues to attract significant trader interest, recording a 24-hour trading volume of over $1.4 billion. Despite the short-term outlook showing BTC outperforming the ETH/BTC pair, the midterm analysis suggests ETH taking the lead, potentially sparking the next altcoin rally.

 

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