Smaller Cryptocurrencies See Strong Gains Against Bitcoin

Cryptocurrency prices have surged again, with several altcoins outperforming Bitcoin over the past few hours, as investors look to boost their investments ahead of the new year.

Bitcoin rose 2.9% to $97,526 before retreating slightly to $96,600, while altcoins such as Ethereum, XRP, and Dogecoin saw gains of more than 4%. Solana saw a significant

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Chris Newhouse, director of research at Cumberland Labs, explained that the start of the year represents an opportunity for investors to expand their exposure to cryptocurrencies by allocating capital to more speculative assets.

Newhouse added: “The historically positive performance of crypto assets in the first quarter may be one of the factors supporting these gains.” Market dynamics also show continued capital rotation between different sectors, along with improving macroeconomic conditions and growing interest in altcoin narratives beyond Bitcoin and Ethereum, supporting their rise.