XRP Disrupts BTC Dominance as Market Shifts Away from Traditional Alt Season

Quick Summary:

A major shift in cryptocurrency market dynamics has emerged as Bitcoin’s dominance experienced a 6% decline, with XRP capturing half of this movement through a 3% surge in its market share.

Bitcoin dominance recently dipped by 6% (with $XRP contributing 3%), but it’s now recovering.

CryptoQuant founder Ki Young Ju’s analysis reveals that current market conditions differ substantially from historical alt seasons.

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets: United Arab Emirates

Topics: Editors News Investing News Xrp Ripple

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 19:15:00 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 306 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24571851

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 26 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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