- XRP has jumped 350%, doing better than Bitcoin and other Altcoins since the election of Trump.
- Altcoins can rebound soon because they are now at a significant level of support.
- Bitcoin runs the market, helped by large investors and FNBs, while many small parts decrease.
Since Donald Trump's re -election campaign caught steam, the cryptography market has experienced unusual volatility, especially among altcoins.
The biggest among the surprises is XRP, which jumped more than 350%, well above the gain of 58% Bitcoin. Bitcoin recently reached peaks of all time of about $ 111,000, although it fell below $ 80,000 before due to commercial uncertainty.
Due to its stability, despite this price volatility, Bitcoin was able to bounce back and cross significant resistance levels.
XRP leading the pack
While XRP storms, the rest of the Altcoins had very little movement. Ethereum (ETH) increased by 10%, Solana (soil) by 9%and cardano (ADA) by 12%. Compared to the large XRP rally, these figures indicate that XRP easily beat the rest of the Altcoin market.
The XRP price had tended to go down continuously since January 17, but it overturned on May 10. Analysts consider XRP as an occurrence, that is to say that its relative force index (RSI) is generally low an indicator that the assets are undergrowth and in progress to recover.
The RSI of Bitcoin is, on the other hand, raised at the moment, indicating that it could be exaggerated and could undergo a decline in its price. New investors entering the XRP market, analysts believe that it could prepare for another wave.
Other altcoins at a turning point?
Market experts are also looking closely at the BTC ratio, which is the comparison between the aggregated market capitalization of all cryptocurrencies, with the exception of the Top 10 and Bitcoin.
This report provides an idea of the performance of smaller altcoins against BTC. He has now reached a key support level. If it holds, we can expect to see a return from altcoins half-cautops and small capitalization.
But it is not a certainty. Some experts suggest that altcoins are the weakest compared to bitcoin in the current cycle. The market recently experienced the lowest fence for a week since 2021, and perhaps it will take more time for altcoins to bounce back.
Institutional requirements on bitcoin
According to Research, The Altcoin market is under pressure due to the increase in institutional demand and ETF for Bitcoin, which helped BTC exceed the $ 111,000 mark. Meanwhile, Altcoin's performances have been incoherent. Hyperliquid and Aave have greatly gained 13% and 42%, but Trump Token, Suis, Doge, Ada, .. has lost greatly.
| Institution / Company | Bitcoin held | Approx. Value (USD) | Details / Objective |
|---|---|---|---|
| Strategy (formerly Microstrategy) | 528 185 BTC | $ 56.2 billion | The biggest company holder; Continuous strategic accumulation. |
| GameStop Corp. | 4,710 BTC | $ 501 million | Diversification of the Treasury Reserve. |
| Metaplanet Inc. | 4,525 BTC | $ 481 million | Japanese manufacturing building a long -term BTC strategy. |
| Scientist | 3,467 BTC | $ 368.7 million | Investment of the company's treasure. |
| Fidelity (ETF: FBTC) | ~ BTC equivalent via etf | ~ 14.58 billion dollars | High FNB entries show institutional demand. |
| Blackrock (ETF: Ibit) | ~ BTC equivalent via etf | ~ 50.9 billion dollars | BTC integrated into fund strategies. |
| Mubadala (water) | BTC Etf Shares (Ibit) | $ 436.9 million | 7th largest holder of Ibit ETF. |
| US government | ~ 192,000 BTC | $ 20.4 billion | Bitcoin strategic reserve from the active assets. |
| Pakistani government | Unhappy | – | Plans to hold BTC in the national portfolio, maintains BTC Mining. |
Even XRP, which rebounded, recently experienced a bad follow -up. BNB and Solana also exchanged unevenly, pursuing the trend in the Altcoin space.
What is the next step for Altcoins?
The figures suggest that although XRP has been among the stars, most Altcoins find it difficult to keep up with the rhythm of the domination of Bitcoin.
If the BTC ratio is on the road to recovery, we should hope to have a renewal of interest for medium tokens and the smallest, but currently, Bitcoin seems to cause the charge in this cycle.
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