The dominance of Bitcoin suggests an "altcoin season" as analysts observe a possible rally in the price of XRP towards 2025.
Analysts expect a strong rebound in Ether and altcoins like XRP before Trump's inauguration on January 20, which also coincides with the last day of SEC chairman Gensler's term.
Bitcoin's dominance has generated a significant signal for altcoin investors, which could boost a rally in smaller cryptocurrencies during December and attract more investments before January 29.