Altcoin bloodbath? XRP tanks as leading cryptocurrency Bitcoin (BTC) breaks out Advertisement

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Bitcoinbouncing from the 50-day moving average and a push past late March resistance levels has definitely reawakened bullish sentiment. With BTC now holding around $88,450 and edging closer to reclaiming its 200-day moving average, the market’s looking at $95,000 as the next stop. 

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That is a roughly 7% gap from current levels, but more importantly, it is a psychological barrier that has historically shifted the narrative from short-term rally to long-term breakout.

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That is the setup. But what about the rest of the market?

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XRP, like many altcoins right now, did not exactly follow suit. What traders were hoping would be a broader recovery across the board turned out to be a BTC-led charge - and XRP was left trailing. Against Bitcoin, XRP has slipped to 0.00002370 BTC, down over 4% from this week’s local high, and steadily trending lower across the intraday chart. 

Even against USDT, gains were modest, with XRP hovering near $2.097 - just 0.03% higher on the day, and still under key moving averages.

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Still, that kind of divergence says something. When Bitcoin runs hot and alts do not respond, it is usually a sign of cautious capital - traders sitting tight, waiting for a clear signal before rotating out of BTC.

Historically, altcoins lag behind major breakouts by a day or two. But when they do react, they often do so quickly. That is the question now: is XRP winding up for a delayed rally, or has it simply lost its place in the rotation?

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The bigger picture? If Bitcoin breaks and holds above $88,000 - and especially if it climbs toward $95,000 - altcoins could see renewed attention. But for XRP, it is not just about timing the market. It is about reclaiming momentum in a landscape that is clearly leaning back toward dominance-driven plays.

For now, BTC is the signal. XRP is the question mark.