Bitcoin's recent downfall has triggered a significant
altcoin avalanche with leading altcoins, including
PI,
Dogecoin, and
XRP undergoing savage losses. This episode has led to Bitcoin's dominance reaching a new cycle high, thereby putting a halt to a potential altcoin rally. However,
Nansen anticipates an altcoin breakout on Base that could eclipse Bitcoin in the long run. A particular
altcoin tipped at $0.0734 is outpacing
Cardano and
Dogecoin's price predictions as it shows promise to surge to $70 in the future.
Bitcoin proved to be resilient at $90K, fostering the speculation that
LINK &
INJ may propel the next wave of altcoin gains.
Despite an overall struggling altcoin market, Bitcoin's dominance has been expanding. Texas introduced HB 4258 for investing $250M in Bitcoin while Franklin Templeton filed for an XRP ETF, promoting altcoin ETF movement. An altcoin, named as the 'next XRP,' might rival Solana and Cardano.
Crypto headlines were filled with several significant events that made a deep impact on the market, including Texas introducing legislation to invest in Bitcoin, a slide in Bitcoin dominance sparking an altcoin avalanche, and the ongoing speculation of new altcoin breakouts on base that could potentially outperform Bitcoin in the long term.
ALT Coin News Analytics from Tue, 11 Feb 2025 08:00:00 GMT to Wed, 12 Mar 2025 21:01:24 GMT -
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