Core

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Frenzy

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<p>The crypto market is experiencing an exceptional growth phase, driven by the spectacular surge of Bitcoin, which has now surpassed the historic threshold of $100,000. Indeed, long considered a difficult milestone to reach, this threshold has been achieved due to a combination of favorable economic factors. Recent inflation data in the United States, showing a moderate increase in line with expectations, has reassured investors and rekindled their interest in risk assets. At the same time, institutional enthusiasm for cryptos, symbolized by record inflows into Bitcoin and Ethereum ETFs, has strengthened this dynamic. Thus, this rebound has also spread to altcoins, where assets like XRP, Dogecoin, and Solana are showing remarkable performances, confirming the general excitement in the sector and triggering optimistic prospects for the coming months.</p>
<h2 id="h-a-rebound-propelled-by-bitcoin-and-the-global-economic-context">A rebound propelled by Bitcoin and the global economic context</h2>
<p>This Wednesday, <a href="https://www.cointribune.com/en/bitcoin-surpasses-100k-a-new-rise-after-a-correction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin crossed the $100,500 mark</a>, representing a 5 % increase in just 24 hours, according to CoinGecko data. Such a resurgence comes after a brief drop below $95,000 the day before, which had led to significant liquidations in the futures market. This ascent has been facilitated by the publication of new inflation data in the United States. The Core Consumer Price Index (CPI) recorded a contained rise of 0.3 %, in line with observers’ expectations. This development has reinforced the idea that the Federal Reserve could consider a rate cut at its next meeting, a prospect that traditionally supports riskier assets like Bitcoin.</p>
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<p>Meanwhile, this announcement has also energized the stock markets, increasing the appeal of cryptos among investors. Institutional interest in these assets has translated into record figures. According to CoinShares, crypto-focused funds, particularly Bitcoin ETFs, attracted $3.85 billion in one week, an unprecedented amount. <a href="https://decrypt.co/296008/bitcoin-100k-xrp-dogecoin-solana-rebound" target="_blank" rel="noopener noreferrer nofollow">These movements reflect a growing appetite for cryptos</a>, especially in a context where economic signals appear encouraging.</p>
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<h2 id="xrp-dogecoin-and-solana-altcoins-in-full-swing">XRP, Dogecoin, and Solana: altcoins in full swing</h2>
<p>In the wake of Bitcoin’s ascent, XRP recorded a significant increase of 17 % in just one day, reaching $2.44. This spectacular rebound is largely explained by Ripple Labs’ announcement regarding the imminent launch of its RLUSD stablecoin. After obtaining the long-awaited regulatory approval from the State of New York, Ripple <a href="https://x.com/bgarlinghouse/status/1866571228464460215?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1866571228464460215%7Ctwgr%5Ef08cbf3b3b767ae2302736e8b7340cec24b27f7b%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fdecrypt.co%2F296008%2Fbitcoin-100k-xrp-dogecoin-solana-rebound" target="_blank" rel="noopener noreferrer nofollow">confirmed</a> the news through a statement from its CEO, Brad Garlinghouse, on the social network X (formerly Twitter) on December 10, 2024: “we have received final approval for the RLUSD. Listings will begin very soon.” This announcement has revived optimism around Ripple and increased interest in XRP, which remains a key player among altcoins.</p>
<p>At the same time, other major cryptos have taken advantage of this general momentum in the market. Dogecoin, often influenced by <a href="https://www.cointribune.com/qui-est-elon-musk/" target="_blank" rel="noopener noreferrer nofollow">Elon Musk</a>, saw its price rise by nearly 9 %, reaching $0.415. Solana, which is gradually emerging from its previous declines, also recorded a notable increase of over 9 %, to $229. These performances highlight the growing interconnection between Bitcoin and altcoins, as well as the strengthening of a positive sentiment among investors. Furthermore, this renewed confidence in the crypto market could signal the beginning of a new growth phase for the entire sector.</p>
<p>The Bitcoin surpassing $100,000 marks a historic milestone, underscoring the growing maturity of the crypto ecosystem. This economic context, characterized by controlled inflation and potentially declining interest rates, provides a favorable ground for the continuation of the upward momentum. Nevertheless, the <a href="https://www.cointribune.com/volatilite-et-bitcoin-btc/" target="_blank" rel="noopener noreferrer nofollow">sustained volatility</a> of the market and regulatory uncertainties require increased vigilance. This milestone inspires optimism but reminds us of the importance of informed management in a sector where opportunities and risks remain inseparable.</p>

Crypto Frenzy : Bitcoin, XRP, And Dogecoin On The Rise

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