Bitcoin Dominance Logs Rapid Plunge as XRP, SHIB, and Other Altcoins Surge
Analysis
Price Impact
HighBitcoin's dominance is rapidly plunging, nearing 59%, indicating a significant capital rotation from btc into altcoins. major altcoins like xrp, shib, doge, and eth are experiencing substantial price surges, signaling the potential start or continuation of an 'altcoin season'.
Trustworthiness
HighThe report cites observable market data, specific percentage gains for several altcoins from coinmarketcap, and the declining bitcoin dominance, all from a recognized crypto news source (u.today).
Price Direction
BullishAltcoins, including xrp (+6%), dogecoin (+10.51%), shiba inu (benefiting from doge's momentum), and ethereum (+4.36%), are showing strong positive price movements, outperforming bitcoin. this suggests a strong bullish sentiment for the broader altcoin market.
Time Effect
ShortThe reported plunge in bitcoin dominance and altcoin surges are current events ('this friday', 'over the last 24 hours'), indicating an immediate and rapid market reaction.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News The "altcoin season" narrative is picking up some steam this Friday. Advertisement Bitcoin’s grip on the total cryptocurrency market cap loosened significantly. The cryptocurrency's dominance is now on the verge of plunging to 59%. Another altcoin season? Major altcoins, including resurgent XRP and a high-flying Dogecoin, have posted outsized gains. HOT Stories Bitcoin Dominance Logs Rapid Plunge as XRP, SHIB, and Other Altcoins Surge Shiba Inu (SHIB) Burn Rate Explodes 10,728%, Ripple Unlocks 1 Billion XRP, Bitcoin (BTC) Price Breaks Four-Year Market Cycle — Crypto News Digest Coinbase's Armstrong Unveils Top 3 Priorities for 2026 XRP Price Prediction 2026 Bitcoin (BTC) is changing hands at roughly $89,644. It is technically up 1.7% over the last 24 hours, but the crypto king is lagging significantly behind its nimble competitors. Advertisement For comparison, the Ripple-linked XRP token is up by 6% over the past 24 hours, CoinMarketCap data shows. It is now close to reclaiming the $2 mark. The retail favorite Dogecoin (DOGE) is vastly outperforming the wider index. It has logged a massive 10.51% green candle to reach $0.139. The move has reignited speculation across the meme coin sector. Shiba Inu (SHIB) and other smaller-cap tokens are benefiting from DOGE’s momentum. Ethereum (ETH) has finally woken from its slumber. The second-largest asset by market cap has climbed 4.36% to $3,114. It has key technical support levels after months of underperformance. Advertisement You Might Also Like Thu, 01/01/2026 - 03:20 Bitcoin (BTC) Price Prediction 2026 By Dan Burgin For most of 2025, Bitcoin dominance remained historically high (hovering near 60%) before a sharp capital rotation into altcoins triggered a decline toward the end of the year. However, Bitcoin's dominance then plunged due to the stunning success of Ethereum treasury companies. Public companies began accumulating Ethereum faster than Bitcoin in the third quarter of the year, which caused a temporary ETH/BTC spike. #Bitcoin Price Prediction #XRP Price Prediction #Dogecoin Price Prediction