Shiba

Cryptocurrency

Shiba Inu

Trillion

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/cryptocurrency-market-hits-record-3-50-trillion" data-wpel-link="internal" rel="noopener noreferrer nofollow">Cryptocurrency Market Hits Record $3.50 Trillion</a><br></p>
<p style="text-align: justify">The cryptocurrency market has achieved a remarkable milestone, surpassing a value of $3.50 trillion. Current trends suggest an active altcoin season, as highlighted by 10x Research CEO Markus Thielen. While <a href="https://en.bitcoinhaber.net/bitcoins-short-term-holders-emerge-as-market-participants" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> stabilizes, altcoins such as HBAR, XLM, and <a href="https://en.bitcoinhaber.net/xrp-coins-struggle-amidst-market-uncertainty" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a> are experiencing significant price surges.</p>
<h2 style="text-align: justify" id="strong-what-drives-the-altcoin-season-strong"><strong>What Drives the Altcoin Season?</strong></h2>
<p style="text-align: justify">Declining Bitcoin dominance, now at 53.80%, indicates a shift towards altcoins, with XRP, XLM, and HBAR posting gains of over 400%. Thielen remarked, “The altcoin season has strongly reflected in the markets, and it is clear that this trend will continue.”</p>
<h2 style="text-align: justify" id="strong-are-south-korean-investors-leading-the-charge-strong"><strong>Are South Korean Investors Leading the Charge?</strong></h2>
<p style="text-align: justify">Indeed, South Korean retail investors are dominating trading activity during this altcoin season, with a 24-hour trading volume surpassing $34 billion. Altcoins like XRP and HBAR are particularly favored among these investors.</p>
<p style="text-align: justify">Key insights from the current market dynamics include:<br> – Ripple (XRP) has surged to the third position in market capitalization with a 400% increase.<br> – HBAR is gaining attention due to its strategic partnerships and technological progress.<br> – South Korean investors are significantly influencing altcoin trading volumes.</p>
<p style="text-align: justify">The continued momentum of the altcoin season suggests further growth opportunities in the market. With projects like XRP, <a href="https://en.bitcoinhaber.net/solana-thrives-post-ftx-collapse-a-strategic-boost-from-paxos" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a>, and Shiba Inu emerging as top contenders, interest from investors remains high.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/cryptocurrency-market-hits-record-3-50-trillion" data-wpel-link="internal" rel="noopener noreferrer nofollow">Cryptocurrency Market Hits Record $3.50 Trillion</a></h5>

Cryptocurrency Market Hits Record $3.50 Trillion

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