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#BitwiseBitcoinETF Cryptonews - Ripple (XRP) has recently posted notable gains as Bitcoin’s price has stabilized relatively, could this be the start of altcoin season? Despite Bitcoin’s recent decline after hitting a new high of $108,000, Ripple (XRP) continues to provide gains for its investors, and analysts believe that the divergence in the performance of these two currencies may be an early sign of the start of the so-called altcoin season, one of the waves of the cryptocurrency bull market, as cryptocurrency prices, except for BTC, usually witness strong gains after the latter goes through a strong wave of increases. According to CoinMarketCap data, XRP has seen a strong gain of 54.7% over the past 30 days, pushing it to fourth place in the list of the highest digital assets by market value, while Bitcoin’s price has remained relatively stable around $98,075$ over the same period.

#Crypto2025Trends Altcoin season usually starts after BTC price drops significantly, so will historical events repeat themselves in a similar way?

Crypto analyst Mister Crypto shared an interesting chart on his X account that illustrates the historical recurring patterns of Bitcoin dominance after halving events. While this scenario may not happen again, there are signs that it will happen, according to the implications of this chart.

#XmasCryptoMiracles Investing.com - Bitcoin surged on Thursday before turning bearish, with take-backs taking over Wednesday after the cryptocurrency surged after cryptocurrency hoarder MicroStrategy announced plans to issue new shares, allowing it to buy more of the leading digital currency.

Bitcoin topped $99,000 this morning before falling below $96,000 during today’s trading, down about 2.4% in the last 24 hours.

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$BTC

"Many countries are starting to turn to alternative assets, and Bitcoin is one of these options," Putin added.

The Russian president stressed that Bitcoin, being not subject to global regulation, is an attractive option in the current economic conditions.

Sanctions on the Russian economy

Sanctions on Russia have complicated trade with key partners, prompting local banks to be cautious in transactions related to Russia, to avoid scrutiny from Western regulators.

This comes at a time when Russia is seeking to strengthen its economic independence from the US-dominated global financial system.

Digital payments are expected to see significant growth in Russia's international trade over the coming year, with the legal and regulatory infrastructure being strengthened to support this shift.

$BTC

$BTC Russia adopts Bitcoin in foreign trade to counter Western sanctions

#ReboundRally Elon Musk's Statements

Bitcoin's price surged after Tesla reported $101 million in gains from its investments in "digital assets", after pumping about $1.5 billion into the cryptocurrency,
which helped it beat analysts' earnings estimates for the first quarter of the year.

The surprise announcement helped increase Bitcoin's legitimacy and spurred a strong rise in its value.