The post How Altcoins Fared Since Trump’s Election: XRP’s 350% Rally vs. Bitcoin’s 58% Rise appeared first on Coinpedia Fintech News
Since Trump’s election, XRP has been on an impressive run, surging 350%, outperforming the rest of the market. Bitcoin has gained around 60%, reaching new highs around $111K. Although it briefly bounced back below $80K during the tariff tensions, it has now climbed back above important resistance levels.
Other altcoins like Ethereum and Solana have barely moved, up 10% and 9% respectively. Cardano is also up by just 12%. Clearly, XRP is running the show.
XRP Oversold, A Rebound Next?
XRP had been falling in price since January 17, but on May 10, it broke that downward trend. Analysts said that Bitcoin is overbought, meaning its RSI is high, often a signal that the price has gone up too fast and might pull back soon. On the other hand, XRP is oversold and its RSI is low which suggests that it is undervalued and is set for a rebound. With buyers jumping back in, XRP could be gearing up for a rally.
Mid-Cap Altcoins Might Rise Again
The Others/BTC ratio (total crypto market cap excluding the top 10 vs. Bitcoin) shows how well the smaller altcoins perform against BTC. A rising ratio shows that altcoins outperform, while a falling ratio indicates that Bitcoin is leading and altcoins are lagging.
Currently, the ratio has hit a key support zone, and if it holds, we could see a surge in small and mid-cap altcoins. But some analysts note that altcoins have hit their weakest point against Bitcoin this entire cycle, and the lowest weekly close since 2021 and a comeback may be far off.
10x Research shared that altcoins are struggling as Bitcoin races past $111,000 on strong ETF and institutional demand. While AAVE and Hyperliquid soared with gains of 13% and 42%, many altcoins like Trump Token, SUI, DOGE, ADA, and LINK faced sharp declines. XRP saw a brief spike but remains weak. Solana and BNB showed mixed results. So, a tough cycle may be ahead for most smaller tokens as Bitcoin continues to dominate.