Altcoins have taken the initiative

The cryptocurrency market capitalization stands at 3.96 trillion USD, spurred mainly by altcoins. Dogecoin has increased by 33%, Litecoin and Ethereum both by 25%, and XRP has risen by 20% this week.

XRP’s new high of 3.66 USD marks an almost 600% increase since November. Bitcoin struggled to maintain its value around 118,000 USD while ETF inflows reflect a growing institutional interest in Ethereum.

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