The cryptocurrency cycle enters phase 3: XRP and others join the rise of Ethereum

While bitcoin has a slightly negative performance, several cryptocurrencies are soaring upwards.

Investor money is flowing from bitcoin to other projects like ether or XRP. Source: Composition made by CriptoNoticias with Grok.

Money flows from bitcoin to cryptocurrencies with high market capitalization.

Most of the cryptocurrencies in the top 100 have positive weekly returns.

The cryptocurrency cycle has entered phase 3. A sign of this is that, while bitcoin (BTC) slows its bullish rally, cryptocurrencies like ether (ETH), the native coin of Ethereum, and XRP record weekly increases of over 15%.

Additionally, there are others like conflux (CFX), whose increase is over 100% weekly, and tezos (XTZ), which has increased its price by 65% in the last 7 days.#BTCvsETH