XRP News Today: Bitcoin Dominance Drops 10% as Altcoins Gain Momentum

Bitcoin’s price has remained stable despite growing speculation about the end of its market dominance. Analysts are now focusing on Bitcoin’s declining market share, which could indicate that altcoins are poised to take the lead in what might become a full-blown altcoin season. A post on a social media platform highlighted a specific breakdown structure in Bitcoin dominance, linking it to nine factors that suggest the altcoin season has begun.

From a technical perspective, Bitcoin dominance reached a peak of 66% on June 27, 2025, a date considered significant for its esoteric code 434 and its occurrence on a new moon. This peak coincided with the 0.786 Fibonacci retracement level, a region many traders view as a reversal zone. Several warning signals are now flashing for Bitcoin traders. The analyst’s post features price charts emphasizing how Bitcoin dominance might be fading, alongside nine factors. The dominance chart appears increasingly exhausted, with the most recent highest monthly RSI in its history, creating an overbought condition and suggesting a possible crash of the RSI. The MACD has already crossed into bearish territory, and the histogram has turned negative, with the faster line moving below the slower one, indicating an impending downtrend. Additionally, Bitcoin dominance has broken a key diagonal support line that held firm through much of 2024 and 2025, suggesting another possible structural breakdown.

While the technical picture is deteriorating, the fundamentals are also favoring altcoins. The upcoming altcoin spot ETFs could redirect institutional flows from Bitcoin into Ethereum, XRP, and others. ETFs such as the Spot XRP, Dogecoin, and Solana ETFs could rapidly increase inflows into the rest of the crypto market, similar to how Spot Bitcoin ETFs caused massive inflows into Bitcoin. The likelihood of upcoming U.S. Federal Reserve rate cuts could also tilt market conditions in favor of altcoins over Bitcoin. Momentum has begun to shift in some trading pairs, particularly XRP/BTC and ETH/BTC, both of which are showing reversal signs from critical levels. The XRP/BTC chart displays repeated failed attempts to break above 0.0000215 BTC, a horizontal resistance that has now been tested five times on the daily candlestick timeframe chart. At the time of writing, the XRP/BTC pair has returned to this level yet again, and based on this pattern, any clean breakout here could confirm a decisive rotation into XRP. Ethereum has begun to recover from long-term oversold conditions when measured against Bitcoin. The rounded bottom pattern forming on the ETH/BTC weekly chart shows a reversal from undervaluation, which in past cycles has caused substantial gains for Ethereum relative to BTC.