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Cryptocurrency News Articles

Pre-Altcoin Season: Bitcoin (BTC) Clock New All-Time Highs as XRP (XRP) Recovers From Semi-Turbulent Early December

Dec 23, 2024 at 09:30 pm

Before altcoin season truly kicks off in January-February 2025, Bitcoin and other large caps including XRP will likely dominate the rest of Q4 and early Q1.

Pre-Altcoin Season: Bitcoin (BTC) Clock New All-Time Highs as XRP (XRP) Recovers From Semi-Turbulent Early December

As 2024 draws to a close and we enter a new year of crypto price cycles, the anticipation for an altcoin season is palpable. While Bitcoin and other large caps like XRP are expected to continue their dominance in Q4 and early Q1, news of a Ripple-backed stablecoin has sparked renewed optimism for XRP's price trajectory.

After experiencing a mixed December following an impressive November rally, XRP's price experienced a surge as a result of the RLUSD launch. Being pegged to the USD and planned to facilitate cross-border payments, the stablecoin's introduction is set to bolster Ripple's position in global payments.

Meanwhile, Bitcoin's new all-time highs have sparked staggering bullish projections. With a bullish weekly close at $107,000, Bitcoin's status as a hedge against inflation and a new all-time high on the horizon.

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Other articles published on Dec 24, 2024