Bitcoin dominance dropped as altcoins Ethereum, XRP record massive gains
- The crypto market witnessed a surge in its market cap in November, rising to $3.6 trillion.
- Bitcoin dominance dropped to 57% as altcoins rallied, suggesting a potential alt season is imminent.
- USDT stablecoin supply rose to a high of $133.4 billion in November, fueling the bull run.
Bitcoin (BTC), Ethereum (ETH) and XRP saw a significant price increase in November following a surge in the general crypto market capitalization, which rose from $2.5 trillion to $3.6 trillion in November.
Bitcoin, ETH, XRP, SOL see price jump following crypto market rally
November was an exciting month for the crypto market marked by regulatory victories and fresh bullish sentiments for assets like Bitcoin, which jumped 40% in…
