The post Bitcoin, XRP surge as Ethereum, Dogecoin struggle: What’s behind crypto’s latest moves? appeared on BitcoinEthereumNews.com.

Bitcoin and XRP posted gains, while Ethereum and Dogecoin dragged Grayscale portfolios lower over the year. Memecoins like Dogecoin lost appeal, with the sector declining 44.3% year-to-date. The crypto market regained momentum following a prolonged downtrend, with its press time valuation going to $2.96 trillion. Remarkably, it hovered just $40 billion shy of its previous peak of $3 trillion. Crypto assets such as Bitcoin [BTC], Ethereum [ETH], Ripple [XRP], and Dogecoin [DOGE] have maintained their positions in the market, contributing to the market’s growth. However, Grayscale, an institutional investment platform for traditional finance investors, revealed that only a few of these top assets have been profitable. Could this be the moment smart money rewrites its playbook? A recent Grayscale report comparing several of its crypto holdings shows that BTC and XRP have turned a profit, while ETH and DOGE have contributed to losses. According to the report, Ethereum and Dogecoin slumped 47% and 42.2%, respectively, over the past year. Meanwhile, Bitcoin and XRP delivered gains of 0.4% and 6.1%, cementing their positions as top performers. Source: Grayscale This type of market sentiment often dictates potential market movements, as retail and other institutional investors use it as a guide to decide where to channel their next investments. AMBCrypto, meanwhile, has analyzed why these individual assets rank as either top performers or underperformers within Grayscale’s portfolio. Bitcoin has remained a major point of attraction in the crypto market. Over the past few months, it has drawn heightened institutional interest, particularly following the approval of Spot Bitcoin Exchange-Traded Funds (ETFs), which now boast a total asset under management (AUM) of $110.3 billion, according to CoinGlass. Source: CoinGlass Following Donald Trump’s inauguration, discussions around a federal Bitcoin strategic reserve resurfaced, further fueling institutional appetite. For XRP, its growth has been influenced by the team’s…

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Filed under: News - @ April 27, 2025 2:02 am