Bitcoin’s Reign Crumbles as Altcoins Dance on Its Grave 🪦🚀

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The “altcoin season” narrative is picking up some steam this Friday, as if the market had suddenly remembered it’s 2017 and not 2025. Bitcoin’s grip on the total cryptocurrency market cap loosened significantly, like a drunk trying to hold onto a ladder. The cryptocurrency’s dominance is now on the verge of plunging to 59%, a number that sounds less like a statistic and more like a retirement age for kings.

Another altcoin season? Or just a midlife crisis?

Major altcoins, including resurgent XRP (which apparently thinks it’s the main character) and a high-flying Dogecoin (the Shiba Inu of crypto), have posted outsized gains. One might say the market is throwing a party-and Bitcoin got left on read.

Bitcoin (BTC) is changing hands at roughly $89,644, technically up 1.7% over the last 24 hours. But let’s not kid ourselves: it’s like a CEO who hasn’t updated their LinkedIn in five years. The crypto king is lagging significantly behind its nimble competitors, who seem to move faster than a Shiba Inu chasing a laser pointer. 🐾

For comparison, the Ripple-linked XRP token is up by 6% over the past 24 hours, CoinMarketCap data shows. It is now close to reclaiming the $2 mark-a figure that would make a goldfish blush. Dogecoin (DOGE), the retail favorite, has logged a massive 10.51% green candle to reach $0.139. The move has reignited speculation across the meme coin sector, where every “to the moon” tweet feels like a prophecy. Shiba Inu (SHIB) and other smaller-cap tokens are benefiting from DOGE’s momentum, like freeloaders at a buffet. 🚀

Ethereum (ETH) has finally woken from its slumber, though one wonders if it was just dreaming about NFTs. The second-largest asset by market cap has climbed 4.36% to $3,114, now claiming it has “key technical support levels” after months of underperformance. A bold claim, considering it spent most of 2025 napping through a revolution.

For most of 2025, Bitcoin dominance remained historically high (hovering near 60%) before a sharp capital rotation into altcoins triggered a decline toward the end of the year. However, Bitcoin’s dominance then plunged due to the stunning success of Ethereum treasury companies, which public companies began accumulating faster than Bitcoin in Q3. A temporary ETH/BTC spike followed-a brief but glorious rebellion, like a peasant uprising in a world of algorithms. 🌀

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2026-01-03 00:55