Altcoins News

Story: XRP Slides Under $1.40 as Bitcoin Dominance Squeezes Altcoin Rally Attempts

By Jean-Luc Maracon

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Bitcoin Dominance Weighs Heavy. Bitcoin's market dominance crossed 60%. That's a problem for XRP and pretty much every mid-cap…

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Institutions Still Buying Despite Weakness. XRP ETF products pulled in between $15.74 million and $25 million last week.

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XRP dropped below $1.40. The token fell 2% in a single session, breaking through what had been a defended support level. Volume was high. The move took XRP from $1.44 down to $1.

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The breakdown finished a descending triangle pattern that had been building for months. Bears run the show now.

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Bitcoin's market dominance crossed 60%. That's a problem for XRP and pretty much every mid-cap altcoin out there. When Bitcoin sucks up that much capital, altcoins get starved.

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Support levels to watch sit at $1.37 and then a zone between $1.32 and $1.31. Some analysts think the cycle floor could land around $1.29 to $1.30. Losing $1.

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Bitcoin dominance over 60% means altcoins face real headwinds. XRP's recovery potential looks limited as long as Bitcoin keeps pulling capital away from everything else.

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XRP ETF products pulled in between $15.74 million and $25 million last week. That's institutional money, not retail traders panic-buying.

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The inflows are kind of surprising given how bearish the charts look. Maybe institutions are buying the dip with a longer time horizon. Or maybe they're hedging other positions.

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Institutional interest can stabilize an asset even when the technicals look ugly. XRP might be oversold in the eyes of funds that track broader crypto exposure.

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Projects like LiquidChain are grabbing attention while XRP struggles. LiquidChain is a Layer 3 infrastructure project that pulls liquidity from Bitcoin, Ethereum, and Solana into…

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More context: XRP Holds $1.40 as NDA Leak Rumors Spread, LiquidChain Presale Hits $700K

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Cross-chain infrastructure projects are becoming more appealing as traders rethink their altcoin bets.

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The staking bonus is aggressive. 1500% APY is basically a marketing tool to drive early adoption, but it's working.

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XRP's recent price action shows what happens to mid-cap altcoins during market rotations. When Bitcoin dominance rises, altcoins face limited upside and exaggerated downside risks.

The Currency Analytics

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