Altcoins Unleashed: Ethereum, XRP and Dogecoin Ignite Rally as Crypto Tops $4 Trillion
XRP, Ethereum, and Dogecoin have shown significant gains in a strong cryptocurrency market rally, with total market capitalization surpassing $4 trillion. Bitcoin reached a new all-time high of $122,838, fueling bullish sentiment. The S&P 500 is nearing 6,000 points, and the GENIUS Act's passage provides regulatory clarity for stablecoins, attracting institutional investors. Ethereum gained 25.7% to $3,843, supported by $2.2 billion in weekly inflows into spot ETH ETFs. Predictions suggest a 63% chance of Ethereum hitting a new all-time high by year-end. XRP surged 20.9% to $3.52, breaking its previous all-time high and indicating a potential new trend. Dogecoin rose 33.5% to $0.274, bolstered by a $500 million treasury strategy from Bit Origin. Technical indicators for all three coins show bullish momentum, with Ethereum's RSI at 70, XRP's at 71, and Dogecoin's at 61. Moving averages indicate potential multi-month trends for XRP and Ethereum, while Dogecoin's recent price action suggests consolidation before further gains.
