The post Bitcoin Dominance Slips as Dogecoin and XRP Take Center Stage appeared on BitcoinEthereumNews.com.

AltcoinsBitcoin Bitcoin’s dominance in the crypto market has dipped to its lowest level in nearly two weeks, opening the door for altcoins like Dogecoin and XRP to grab investor attention. Historically, when Bitcoin cools after a rally, alternative cryptocurrencies tend to take the spotlight, often outpacing the leading digital asset in percentage gains. According to Gerry O’Shea, head of global market analysis at crypto investment firm Hashdex, the same pattern could play out again — though likely in a more restrained form compared to past cycles. O’Shea attributes this shift to the structural changes now shaping the market, particularly the introduction of exchange-traded funds in the U.S. and growing institutional participation. “Institutional buyers are playing a supporting role this time,” he noted, suggesting that while Bitcoin’s price will still see fluctuations, the broader market dynamics have evolved. In previous altcoin surges, speculative frenzies over NFTs, memecoins, and ICOs often drove the action. This time, O’Shea believes the momentum may be guided by assets with stronger foundations. With regulatory clarity improving and U.S. stablecoin legislation now in place, he sees more capital flowing toward projects that can deliver real-world utility and scalability. Ethereum and Solana, both of which underpin stablecoin ecosystems, are among the platforms benefiting from this trend. Their growth, O’Shea added, is one of the key reasons Bitcoin’s dominance has been slipping in recent sessions. The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years…

---

Filed under: News - @ August 9, 2025 1:29 pm