Altcoins Decline (Including $XRP ) Explained

The cryptocurrency market has experienced a sharp decline, with Bitcoin (BTC) falling below $100K and Ethereum (ETH) dropping 5%. This led to $532 million in liquidations, affecting major altcoins like XRP, Stellar ($XLM ), and Hedera ($HBAR ), all down over 6%.

The decline is linked to Bitcoin dominance, which recently broke below a rising wedge pattern at 59.40%. After a brief rebound, it retested the previous support as resistance, triggering the altcoin correction.

If BTC dominance continues to fall, it could signal a recovery for altcoins. However, if it breaks above resistance, the bearish pattern could be invalidated, potentially leading to continued downward pressure on altcoins. Traders should monitor BTC dominance closely.

#USTariffs #BitcoinReserveWave #AltcoinRevolution2028 #PCEInflationWatch #CzechBitcoinReserve