Altcoins Like Ethereum, XRP, and Others Set to Soar as Bitcoin Consolidates

With Bitcoin's consolidation, altcoins like Ethereum (ETH), Ripple (XRP), and others are seeing more interest, which has the crypto market hopeful. According to renowned crypto expert Michaël van de Poppe, Ethereum has the potential to surpass Bitcoin in the next weeks. It is possible, according to van de Poppe's statement on X, that ETH/BTC might surpass 0.04 in January.

An Upcoming Ethereum and Altcoin Rally?
"Inflow of Ethereum, outflow of Bitcoin," they tacked on. Investing in Bitcoin -> #Altcoins powered by the Ethereum network. With the statement, "The bear market has ended for altcoins," Van de Poppe brought attention to the changing market dynamics even further. Put yourself in their shoes and savor the experience.

He drew a parallel between the present market scenario and last December, when the upward momentum of Bitcoin gave way to a parabolic spike in altcoins. For the time being, Bitcoin's upward trend is over, so other cryptocurrencies may enjoy some parabolic maneuvering. It will remain in effect until Bitcoin is operational, he said.

Crypto analytics site Santiment saw a notable surge in altcoins after Bitcoin's temporary dip. The business posted on X that "Altcoins have seen a huge breakout Tuesday," despite Bitcoin plunging to $92.4K before a minor rebound. Adding to Bitcoin's prominent position in the current bull run, Santiment said, "BTC has mainly led the way throughout this bull cycle."

Market players are keeping a careful eye on Ethereum to see whether it will surpass Bitcoin in terms of performance. XRP and other altcoins have also shown strong performance. As Bitcoin finds its footing, the changing market attitude indicates that investors will turn their attention to altcoins.

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