Bitcoin Dominance Plummets as Altcoins Rally: XRP, DOGE, and ETH Lead Surge

2026-01-03 17:09:59

Source: CryptoNewsNet Original Title: Bitcoin Dominance Logs Rapid Plunge as XRP, SHIB, and Other Altcoins Surge Original Link:

Market Dynamics

The “altcoin season” narrative is gaining momentum this week as Bitcoin’s grip on the total cryptocurrency market cap loosens significantly. Bitcoin’s dominance is now on the verge of plunging to 59%.

Altcoin Performance Surge

Major altcoins, including resurgent XRP and high-flying Dogecoin, have posted outsized gains.

Bitcoin (BTC) is trading at roughly $89,644, up 1.7% over the last 24 hours, but significantly lagging behind its nimble competitors.

XRP (Ripple-linked token) is up 6% over the past 24 hours and is now close to reclaiming the $2 mark.

Dogecoin (DOGE), the retail favorite, is vastly outperforming the wider index with a 10.51% gain to reach $0.139. This move has reignited speculation across the meme coin sector, with Shiba Inu (SHIB) and other smaller-cap tokens benefiting from DOGE’s momentum.

Ethereum (ETH), the second-largest asset by market cap, has climbed 4.36% to $3,114 after months of underperformance, establishing key technical support levels.

Capital Rotation Trends

For most of 2025, Bitcoin dominance remained historically high (hovering near 60%) before a sharp capital rotation into altcoins triggered a decline toward the end of the year. The dominance decline was further accelerated by the success of Ethereum treasury companies, as public companies began accumulating Ethereum faster than Bitcoin in recent quarters, causing a temporary ETH/BTC spike.

BTC-0,09%

XRP-0,47%

DOGE-0,29%

ETH0,19%

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