Bitcoin (BTC) Price Stalls Below $100,000, Ripples (XRP), Cardano (ADA), and Tron (TRX) Hit Hard

Just a week ago, the crypto markets were all rosy, led by Bitcoin (BTC), and most of the major altcoins also recorded significant price gains.

Bitcoin’s inability to sustain highs of over $100,000 is impacting altcoins, with XRP, Cardano, Tron suffering أكبر losses.

After a stellar run last week, led by Bitcoin (BTC), where most of the major altcoins also recorded significant price gains, the crypto markets seem to be experiencing a pause in momentum. Tron (TRX), for example, set a new all-time high precisely seven days ago – and has since suffered a loss of around 37 percent. XRP (Ripple), Solana (SOL) and Cardano (ADA) have also seen their upward trajectories halted and are now seeing significant losses of minus 10 percent and more.

Are there individual causes for this or are the crypto price curves collapsing across the board?

According to analysts like Edul Patel, the CEO of crypto exchange Mudrex, the typical wave movements are brought to mind in the current situation: “When Bitcoin rises, it usually creates a positive mood across the markets and often pushes altcoins up as well.” But when Bitcoin breached the “psychological resistance” at $100,000, profit-taking began, said Patel. Even the slightest hint of Bitcoin sales could trigger domino effects and drive altcoins into the red. But Patel advises against panicking. “This is definitely a pit stop and a phase of consolidation before new highs,” said the Indian.

Special effects at Cardano, Tron and Ripple checked off

Investors still need strong nerves to follow this assessment. After all, the gains in the major altcoins were driven by special effects that will not be repeated. Tron benefited from daring PR campaigns by founder Justin Sun. Cardano received special attention through its constitutional convention. XRP seems to have access to future US President Donald Trump through Ripple CEO Brad Garlinghouse and to be putting legal problems behind it.

Meanwhile, the Bitcoin price curve has stabilized at around 97,000 US dollars and the data on BTC ETFs continues to show capital inflows of around 400 million US dollars every day. This could prove to be a good basis for driving Bitcoin back above 100,000 US dollars and thus into six-figure territory before Christmas. For XRP and Solana, where there are also hopes of being listed as an ETF, there was a stop signal from the SEC, which can only be removed with the inauguration of Donald Trump on January 20th.

Conclusion: XRP, ADA, TRX and Co. are dependent on Bitcoin in their dynamics

The latest figures on inflation are to be presented in the US today, Wednesday, December 11th, and this could also have an impact on the crypto markets.

Higher inflation than expected would pose the question for the US Federal Reserve Bank of whether the key interest rate can be lowered further – and Bitcoin often turns positive when key interest rates are lower. With regard to the more volatile altcoins such as XRP, Cardano, Tron and Solana, the situation seems as if the next upward wave can only come when Bitcoin sets the direction.

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