Bitcoin’s recent rise above the $100,000 mark has raised expectations for a consolidation phase that could lead to an accelerated growth of altcoins. Despite experiencing a slight dip to $97,000, analysts remain optimistic about the upcoming altcoin rally.
Several altcoins, including XRP, have already demonstrated impressive growth, suggesting a market poised for significant developments.
The increased momentum and optimism around these altcoins could potentially pave the way for a major market breakout, marking the start of a dynamic phase for alternative cryptocurrencies.